New York Mercantile Exchange


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Related to New York Mercantile Exchange: COMEX

New York Mercantile Exchange (NYMEX)

The world's largest physical commodity futures exchange.

New York Mercantile Exchange

The largest physical futures commodity exchange in the world. Established in 1882, it came into its current form as the result of a 1994 merger between the New York Mercantile Exchange and the Commodity Exchange. NYMEX trades almost exclusively in energy products and metals, among other commodities. It is regulated by the Commodity Futures Trading Board. Unlike some exchanges, it requires firms trading on its floor to send their own employees as brokers. Thus, employees of NYMEX itself only record transactions, and do not involve themselves with actual trade.

New York Mercantile Exchange (NYM)

A commodity futures and options exchange with two divisions: the NYMEX Division, trading contracts for crude oil, heating oil, gasoline, natural gas, propane, platinum, and palladium, and the COMEX Division, trading contracts for gold, silver, copper, and the Eurotop 100 stock index. The current exchange is the result of a 1994 merger of the New York Mercantile Exchange and the Commodity Exchange (COMEX). The New York Mercantile Exchange opened NYMEX ACCESS, an after-hours trading system.
References in periodicals archive ?
In addition to the Foundation's participation, the New York Mercantile Exchange will sponsor artists to design three apples for Big Apple Fest, with at least one placed outside the Lower Manhattan headquarters of the Exchange.
Chairman Rappaport and the members of the New York Mercantile Exchange have made a real commitment to New York with the decision to stay in downtown Manhattan.
The service marks "New York Mercantile Exchange" and "NYMEX" are registered service marks owned by New York Mercantile Exchange, Inc.
23 per barrel in spot trading Friday on the New York Mercantile Exchange.
NEW YORK, July 14 /PRNewswire/ -- The Pediatric AIDS Foundation is pleased to announce the generous $10,000 donation made by the New York Mercantile Exchange Charitable Foundation.
The New York Mercantile Exchange (NYMEX) has extended its lease on 28,000 square feet at 4 World Trade Center for three additional years while it prepares for relocation to new headquarters.
Goldman Sachs") announced that it intended to make certain changes to the composition of the Goldman Sachs Commodity Index ("GSCI") to respond to the transition from the New York Harbor Unleaded Gasoline ("HU") futures contract to the Reformulated Gasoline Blendstock for Oxygen Blending ("RB") futures contract on the New York Mercantile Exchange.
475 a troy ounce on the New York Mercantile Exchange.
July 3 /PRNewswire/ -- Wilmington Trust Company announced that the New York Mercantile Exchange has approved the company's application to become the first precious metals depository licensed to store silver outside New York City for its COMEX Division.
The Downtown market should be helped by the expansion needs of Wall Street powerhouses, like Lehman Brothers, the New York Mercantile Exchange, Morgan Guaranty, Goldman Sachs and Kidder Peabody.
StreamBase's Vice President of Marketing, Bill Hobbib, is also a guest speaker at the General Meeting & Reception of the Financial Information Services Division (FISD) of the SIA on June 22nd at the New York Mercantile Exchange in New York City.
The exchange will join the New York Mercantile Exchange in adopting an electronic trading system run by French futures exchange Marche a Terme International de France, or MATIF.

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