Search results
However, NYMEX's reputation suffered in Washington, D.C., especially with the regulations in the Commodity Futures Trading Commission (CFTC), the president of the exchange, Richard Leone brought in John Elting Treat, White House energy adviser to Presidents Carter and Reagan to help restore the credibility of NYMEX and to help the exchange explore the possibility of entering the petroleum ...
No Auction Activity today: Dr. Martin Luther King, Jr. 15 January 2024: No Auction Activity today: Presidents Day: 19 February 2024: No Auction Activity today: Good Friday: 29 March 2024: No Auction Activity today: Memorial Day: 27 May 2024: No Auction Activity today: Juneteenth: 19 June 2024: No Auction Activity today: Independence Day: 4 July ...
Use our enhanced interactive calendar tool to find relevant product dates. Filter by individual product name, clearing or Globex code, the type of trading event you want to view (Settlement Date, First or Last Trade Date, Delivery Date, and more), or by asset classes.
First trade date for CME Group products
- What Is The New York Mercantile Exchange (Nymex)?
- Understanding The New York Mercantile Exchange
- Limitations of The NYMEX
- The Bottom Line
The New York Mercantile Exchange (NYMEX) is the world's largest physical commodity futures exchange and is today part of the Chicago Mercantile Exchange Group (CME Group), which is the world’s leading and most diverse derivatives marketplace. CME Group consists of four exchanges: Chicago Mercantile Exchange (CME), Chicago Board of Trade (CBOT), NYM...
An early version of NYMEX started in 1872 when a group of dairy merchants founded the Butter and Cheese Exchange of New York. In 1994, NYMEX merged with COMEX to become the largest physical commodity exchange at that time. By 2008, NYMEX was not able to commercially survive on its own in the wake of the global financial crisisand merged with the CM...
NYMEX is an open-outcrytrading platform, where traders meet to haggle and agree on a market price for a commodity. Given that stock and commodity trading predates the invention of the telegraph, the telephone, or the computer by hundreds of years, it is fairly obvious that face-to-face human trading and trading pits were the standard way of doing b...
The New York Mercantile Exchange is one of four exchanges owned and managed by the CME Group. The exchange deals with trades centered around commodities and futures. NYMEX specializes in energy, precious metals, and agricultural commodities.
Apr 30, 2024 · The NYMEX is a commodities futures exchange where you can access many commodities trading on its exchange. The New York Mercantile Exchange handles billions of dollars worth of oil transactions, energy carriers, metals , and other commodities bought and sold on the trading floor, and the overnight electronic trading computer systems for future delivery.
People also ask
How did the NYMEX start?
What is NYMEX & how does it work?
When did NYMEX merged with Comex?
What is NYMEX trading?
Who owns NYMEX?
Where is NYMEX located?
The NYMEX is comprised of two divisions: the New York Mercantile Exchange and the Commodities Exchange Inc. (COMEX). The two divisions were previously separate entities owned by NYMEX Holdings Inc. NYMEX Holdings Inc. was acquired by CME Group for $11.8 billion in cash and stock, with the acquisition completed in August 2006. The NYMEX division ...
