Dear Market Participants,

Please note that from 26 August 2024, the following documents of National Mercantile Exchange (NAMEX) as updated will come into force:
1. Rules for organised trading at NAMEX commodity auctions, approved by the National Mercantile Exchange Supervisory Board (Minutes No. 2 of 16 July 2024).

The Rules for organised trading at NAMEX commodity auctions (the Trading Rules) have been amended to enable the use of Contour. Diadok electronic document management system for document interchange between participants and the Exchange. Other clarifying and editorial changes have been made as well.

2. NAMEX commodity auctions admission rules, approved by the National Mercantile Exchange Supervisory Board (Minutes No. 2 of 16 July 2024).

The NAMEX commodity auctions admission rules (the Admission Rules) have been amended as relates to the procedure for charging a subscription fee and to the terms for terminating the admission to the auction if the fee is not paid. Other clarifying and editorial changes have been made as well.

3. Terms and conditions of admission of Clients to auctions and commodity delivery, approved by the National mercantile Exchange Supervisory Board (Minutes No. 2 of 16 July 2024).

The Terms and Conditions have been amended to update the conditions for admission to auctions of Clients and deliveries of goods, in particular, the list of terms and conditions of contracts of Auction Clients have been expanded, as well as other clarifying and editorial changes have been made.

Please note that the Trading Rules and the Admission Rules will come into force except for the provisions concerning the conclusion and settlement of contracts in Carbon Units with additional delivery control.