Notice No. 01-67
February 23, 2001

TO:
All COMEX Members/Member Firms
All COMEX Clearing Members
All COMEX Floor Traders
All COMEX Operations Managers

FROM:
Michael Campanelli, Vice President
Floor Operations, COMEX Division

RE:
Spot Month Procedures on the Eve of First Notice Day

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Please be reminded that Wednesday, February 28, 2001, is the First Notice 
Day, for the Gold, Silver, Copper and Aluminum futures delivery month of 
March 2001 (the new spot month).

On Tuesday, February 27, 2001, the Eve of the First Notice Day, all Brokers 
and Clearing Members must have a duly authorized, On-Line Trade Entry 
(&OLTE8) system trained representative available until such time as the 
Exchange deems necessary.

It is imperative that trades involving the Spot Month are processed and 
cleared properly.  Therefore, representatives are expected to make a diligent 
effort to process all Spot Month trades accurately.

Failure by any Clearing Member or qualified Floor Trader to show due 
diligence involving Spot Month Trade processing may result in severe 
disciplinary action by the Exchange.

If you should have any questions, please do not hesitate to contact David 
Sherman at (212) 299-2061.





MC/ms



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