NYMEX will be closing floor trading on Monday, Oct. 29 due to the approach of Hurricane Sandy. Electronic markets will stay open at regularly scheduled times.
The company issued the following statement on its website:
New York City has issued a mandatory evacuation of Zone A, which includes CME Group's NYMEX World Headquarters and New York trading floor. As a result, the New York trading floor will be closed on Monday, October 29. We will open all of our electronic markets at their regularly scheduled times on CME Globex and CME ClearPort, our online electronic platforms. We will continue to update cmegroup.com as additional information becomes available.
Updates are being posted on the CME Group's Twitter feed.
Picture of the New York Mercantile Exchange by the U.S. Army