Data Release of Expiration Values is Delayed by Source Agency for HedgeStreet's WEEKLY Gasoline, California Gas, and Diesel Products, due to the Columbus Day Holiday on Monday, October 10, 2005
Due to Columbus Day, the EIA will not be releasing data for Gasoline, California Gas or Diesel on Monday, October 10th. Rather, the expiration values used to settle these contracts will anticipate release on the following business day, Tuesday October 11th. In light of this change, HedgeStreet is extending the Last Trading Day for these weekly contracts by one day only.
Therefore, the Last Trading Day originally scheduled for these weekly contracts on Friday, October 7, 2005 (Old) will now be extended to a Last Trading Day of Monday, October 10, 2005 (New). Settlement for the weekly products will then occur on Tuesday, October 11, 2005 as the EIA intends to release its data on this date.
As a result, the following week's contracts will have a minimized trading schedule, only trading from Wednesday, October 12, 2005 through Friday, October 14, 2005 (Last Trading Day). Since the Last Trading Day for these weekly contracts will revert back to scheduled time, settlement will also resume on Monday October 17, 2005, as usual.
Should you have any questions or require further information, please contact the Compliance Department.