NYMEX May Resume Off-Hours Trading

September 12, 2001 (PLANSPONSOR.com) - The New York Mercantile Exchange (NYMEX) is deciding whether to resume trading through its electronic ACCESS system following yesterday's attacks, according to a Reuters report.

In a letter posted to its Web site, NYMEX said it was “reaching out to its customers and member firms to determine its preparedness for NYMEX ACCESS trading.”

“It is the intention of the Exchange management to resume trading as soon as it is safely possible for the trading community,” the statement added.

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ACCESS is normally used to trade during the off-hours between 4:00 pm and 9:00 am the following day.

Nevertheless, the NYMEX trading floor used in regular hours, evacuated shortly after the first jet slammed into the World Trade Center, will be closed at least through Wednesday.