ISDA International Swaps and Derivatives Association, Inc
600 Fifth Avenue
Rockefeller Center - 27th floor
New York, NY 10020
U.S.A.
Phone: (212) 332-1200
Fax: (212) 332-1212
Email : isda@isda.org
Website: www.isda.org


Attached, please find a draft statement on market practice relating to
NYMEX's closure on November 23, 2001.  I would be appreciative if comments
could be sent to Kimberly Summe no later than Tuesday, November 13
(ksumme@isda.org).

Thank you for your consideration.


Kimberly Summe
General Counsel
ISDA

 <<Commodity Derivatives.doc>>

 - Commodity Derivatives.doc