Notice # 01-57
February 8, 2001

TO:  ALL NYMEX/COMEX MEMBERS
ALL NYMEX/COMEX MEMBER FIRMS
ALL NYMEX/COMEX CLEARING FIRMS
ALL NYMEX/COMEX OPERATION MANAGERS

FROM:  Stu Smith, Senior Vice President, Operations

RE:  Exchange Early Closing Schedule for February 16, 2001

Please be advised that the Exchange will close markets earlier on Friday, 
February 16, 2001, the business day preceding Presidents Day.  The following 
early contract closing schedule will be implemented:

                                                                  NYMEX 
DIVISION

Commodity         Closing Range

Palladium Futures                    11:58 a.m. - 12:00 noon
Platinum Futures and Options       12:08 p.m. - 12:10 p.m.
Heating Oil Futures and Options                               12:58 p.m. - 
1:00 p.m.
Unleaded Gasoline Futures and Options                  12:58 p.m. - 1:00 p.m.
Crack Gas & Crack Heat Options                 *12:58 p.m. - 1:00 p.m.
Propane Futures                     12:58 p.m. - 1:00 p.m.
Crude Oil Futures and Options      12:58 p.m. - 1:00 p.m.
Henry Hub Natural Gas Futures and Options    12:58 p.m. - 1:00 p.m.
Permian Pool Natural Gas Futures     12:58 p.m. - 1:00 p.m
Alberta Natural Gas Futures          12:58 p.m. - 1:00 p.m.
Gulf Coast Gasoline Futures      12:58 p.m. - 1:00 p.m.

COMEX DIVISION

Aluminum Futures and Options      11:59 a.m. - 12:00 noon
Copper Futures and Options      12:04 p.m. - 12:05 p.m.
Silver Futures and Options        12:04 p.m. - 12:05 p.m.
Gold Futures and Options      12 :09 p.m. -12:10 p.m.
The Eurotop 100 & 300 contracts will conduct normal trading hours.

The NYMEX Late Submissions Area is scheduled to close at 2:30 p.m. and the 
NYMEX Trade Correction Area will close at 3:15 p.m., the PTS system will be 
available to 4:30 p.m.  The COMEX Divisions OLTE System will be available for 
corrections until 2:30 p.m.  In the event that you require additional time to 
process work on either day, or have questions regarding early close 
procedures, please call Fred Tantao 299-2045, Rob Stasi 299-2067, George 
Henderson 299-2071, Les Faison 299-2070 (NYMEX Division) or David Sherman 
299-2061, Michael Campanelli 299-2072 (COMEX Division).

* All Electricity Future and Option contracts traded on NYMEX Access will 
close at 1:00 p.m.
* Spot Month - Option Expiration Procedure will be conducted.



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