Notice No. 01-438
December 19, 2001

TO:		ALL EXCHANGE MEMBERS / MEMBER FIRMS
		ALL CLEARING MEMBERS

FROM:		J. ROBERT COLLINS, JR., PRESIDENT

RE:		EXCHANGE TO INTRODUCE STRIP TRADING IN HENRY HUB SWAPS ON
NYMEX ACCESS
 BEGINNING 			TOMORROW

The Exchange today announced that it would introduce strip trading
functionality for the first 36 listed months of its Henry Hub natural gas
swaps contract beginning tomorrow.

In order to prepare the NYMEX ACCESS
 electronic trading system, the
web-based platform on which the contract trades, trading in Henry Hub swaps
will not be available from 9 AM until 3:15 PM tomorrow.

Strip trading functionality will enable market participants to execute a
trade for anywhere from two to 36 consecutive months at a single price.

Should you have any questions or require any further information, please
contact exchangeinfo@nymex.com