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Enron Mail |
Notice No. 01-434
December 26, 2001 TO: All COMEX Division Members/Member Firms All COMEX Division Clearing Members All COMEX Division Floor Traders All COMEX Division Operations Managers FROM: Michael Campanelli, Vice President Floor Operations, COMEX Division RE: Spot Month Procedures on the Eve of First Notice Day Please be reminded that Monday, December 31, 2001, is the First Notice Day, for the Gold, Silver, Copper and Aluminum futures delivery month of January 2002 (the new spot month). On Friday, December 28, 2001, the Eve of the First Notice Day, all Brokers and Clearing Members must have a duly authorized, On-Line Trade Entry ("OLTE") system trained representative available until such time as the Exchange deems necessary. It is imperative that trades involving the Spot Month are processed and cleared properly. Therefore, representatives are expected to make a diligent effort to process all Spot Month trades accurately. Failure by any Clearing Member or qualified Floor Trader to show due diligence involving Spot Month Trade processing may result in severe disciplinary action by the Exchange. If you should have any questions, please do not hesitate to contact David Sherman at (212) 299-2061.
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