(01-63) Implementation of NYMEX Resolution Extending the Trading of ,
 Notice No. 01-63
February 20, 2001

MEMORANDUM

TO:
ALL NYMEX AND COMEX MEMBERS

FROM:
Neal L. Wolkoff, Executive Vice President

DATE:
February 20, 2001

RE:
Implementation of NYMEX Resolution Extending the Trading of Liquefied Propane 
Gas Futures in the Platinum Ring and Extending Proprietary Trading of Propane 
Futures by COMEX Members

The purpose of this Notice is to advise Members of an Exchange Resolution 
(stated below) that continues the trading of Liquefied Propane Gas Futures in 
the Platinum Ring and that continues to permit proprietary trading of such 
Propane futures by COMEX Members. The Resolution becomes effective tomorrow.

If you have any questions, please contact Albert Getz; NYMEX Research Dept., 
at (212) 299-2608; or Suellen Galish, Vice President, NYMEX Legal Dept., at 
(212) 299-2215.

 * * * *


RESOLUTION OF THE BOARD OF DIRECTORS OF THE NEW YORK MERCANTILE EXCHANGE, 
INC. REGARDING THE TRADING OF LIQUIFIED PROPANE GAS FUTURES


RESOLVED that the trading of Liquefied Propane Gas Futures shall continue in 
the Platinum Ring and that COMEX Members trading privileges that permit 
proprietary trading of Liquefied Propane Gas Futures by open-outcry in the 
Platinum Ring and on NYMEX ACCESSc shall continue until such time that these 
trading privileges are revoked by the Board of Directors, and

IT IS FURTHER RESOLVED that these trading privileges are revocable at any 
time by further act of the Board of Directors in its sole discretion.



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