NYMEX to Introduce Copper Options on CME Globex(R)
17 September 2007 - 5:45PM
PR Newswire (US)
NEW YORK, Sept. 17 /PRNewswire-FirstCall/ -- The New York
Mercantile Exchange, Inc. today announced that it will offer its
copper options contracts on the CME Globex electronic trading
platform, beginning on October 14 for trade date October 15. To
ensure orderly exercise procedures, no expiring options will be
accepted for trading after the close of open outcry trading on the
day of expiration. The options will be available for trading on CME
Globex from 6:00 PM Sundays through 5:15 PM Fridays New York time,
with a 45-minute break between 5:15 PM and 6:00 PM. For more
information, go to http://www.nymexoncmeglobex.com/. Forward
Looking and Cautionary Statements This press release may contain
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act, with respect to our future
performance, operating results, strategy, and other future events.
Such statements generally include words such as could, can,
anticipate, believe, expect, seek, pursue, and similar words and
terms, in connection with any discussion of future results.
Forward-looking statements involve a number of assumptions, risks,
and uncertainties, any of which may cause actual results to differ
materially from the anticipated, estimated, or projected results
referenced in forward-looking statements. In particular, the
forward-looking statements of NYMEX Holdings, Inc., and its
subsidiaries are subject to the following risks and uncertainties:
the success and timing of new futures contracts and products;
changes in political, economic, or industry conditions; the
unfavorable resolution of material legal proceedings; the impact
and timing of technological changes and the adequacy of
intellectual property protection; the impact of legislative and
regulatory actions, including without limitation, actions by the
Commodity Futures Trading Commission; and terrorist activities and
international hostilities, which may affect the general economy as
well as oil and other commodity markets. We assume no obligation to
update or supplement our forward-looking statements. DATASOURCE:
New York Mercantile Exchange, Inc. CONTACT: Anu Ahluwalia,
+1-212-299-2439, or Keil Decker, +1-212-299-2209, both of New York
Mercantile Exchange, Inc.; or Allan Schoenberg of CME Group,
+1-312-930-8189 Web site: http://www.nymexoncmeglobex.com/
http://www.nymex.com/
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