This comes at the same time that open interest for NYMEX
Light Sweet Crude Oil (WTI) futures contracts is at record highs of over 1.
NGKF vice chairman Neil Goldmacher and HDREP's Holly Duran will investigate a sale-leaseback scenario as well as the possibility of relocating NYMEX
to other properties in lower Manhattan.
The three Minute-Marker futures contracts include NYMEX
Crude Oil (6C), NYMEX
RBOB Gasoline (6R) and NYMEX
Heating Oil (6H), which will be listed for up to one month, and the second month will be listed ten business days prior to the expiration of the front month contract.
This development is a major step forward for the European and US commodity markets and we are delighted to be partnering with NYMEX
The potential transaction also contemplates that Nymex
will repurchase the 816 New York Mercantile Exchange memberships upon closing of the potential acquisition for an aggregate purchase price not to exceed $500 million, the two exchange operators said.
27, when the September NYMEX
futures contract expired, the difference, or spread, between the average price of the two near-month NYMEX
gas futures contracts (September and October) and the average price of the five winter-month NYMEX
futures gas contracts (November '04-March '05) was just under $1.
We are anticipating strong demand from the OTC Energy and Metals Institutional Communities looking for improved liquidity, anonymity, and lower brokerage fees on NYMEX
ClearPort" said Peter Maragos, LiquidityPort's CEO.
Yesterday, August 8, NYMEX
Brent futures had record trading volume of 90,390 contracts, compared to 68,893 on July 19[sup.
will list seasonal and annual nitrogen oxide emission allowance futures contracts for years 2009 to 2012.
Some of the measures NYMEX
instituted include: improving recycling and waste reductions practices, including composting of all organic kitchen waste; purchasing renewable energy credits for 100% wind power at its facility; installing new carbon dioxide and humidity sensors around the building, allowing NYMEX
to control the outside air ventilation system based on occupancy and space demand instead of constant volume.
Capozza added, "If the shareholders approve the sale, we will seek damages to compensate the shareholders for billions of dollars NYMEX
management left on the table.
Futures, Options & Derivatives, 28 & 29 March, NYMEX
London Geopolitics of Energy, 8 & 9 May, Geneva Energy Risk Management, 15 & 16 June, NYMEX
London Technical Analysis of Energy & Metals, 19 & 20 June, NYMEX
London Product Trading & Arbitrage, 20 & 21 June, NYMEX
London Crude Trading Supply & Arb Urals, 21 & 22 September, NYMEX
London Fundamentals of Refining, 25 & 26 September, NYMEX
London Full schedule is available online at http://www.