Showing posts with label NYMEX. Show all posts
Showing posts with label NYMEX. Show all posts

Thursday, April 2, 2009

Crude Oil Settles Higher At One Week High Above $52 Barrel


Crude oil futures zoomed back above $50 a barrel Thursday as traders responded to hopes demand will firm up if the world economy does.

Light, sweet crude for May delivery settled at $52.64, up $4.25 or 8.8%, a barrel on the New York Mercantile Exchange. Brent crude on the ICE Futures exchange settled $4.31 higher at $52.75 a barrel.

The Nymex close was the highest in a week. Oil started the day strongly in sympathy with rising world stock markets and was further fueled by....Complete Story

Monday, February 16, 2009

NYMEX Trading and Processing Schedule

Monday February 16, 2008 (President's Day)

* NYMEX and COMEX trading floors will be closed.
* The DME intraday settlement price (OSP) to be published at the normal
time of 3:30 AM for February 16 calendar date. No post-close
settlement to be published.
* NYMEX and COMEX products on CME Globex and NYMEX ClearPort (including
DME Direct) will open for trading/trade submission for the February 19
trade date until the trading halt at 5:15 PM.
* Day/session orders entered on CME Globex or DME Direct will be for the
February 17 trade date and will continue until Tuesday's close at
5:15 PM.
* NYMEX trading at settlement (TAS) products on CME Globex will be
available for trading for the February 17 trade date.
* NYMEX TMS will be available for trade management for February 19 trade
date.
* NYMEX cleared trades API will be available.
* Markets will not be settled and settlements will not be published, as
February 16 is not a trade or processing date.
* NYMEX intraday files will not be produced, no clearing will occur, and
no clearing functionality will be available.
* Daily SPAN and erosion files will not be produced (an additional
erosion file will be produced on February 17).
* Options cannot be exercised.
* There will not be any allocation of energy and metal deliveries or
delivery notices, and related forms will not be accepted.
* The first normal intraday file generated on calendar date February 17
will contain trades from calendar date February 16.
* NYMEX and COMEX products on CME Globex and NYMEX ClearPort (including
DME Direct) all reopen for trading/trade submission at 6:00 PM
(February 19 Trade Date).


Tuesday February 17, 2008

* Normal schedule resumes.
* Banking for February 15th clearing cycle will occur.
* Large trader reporting for NYMEX and COMEX for February 15th trade date
for any clearing members not holding DME positions are due by 8:00 AM.
* "Double Erosion" will occur to account for the February 18 Peak Day.
Two erosion files will be produced.
Stock & ETF Trading Signals