The primary market for trading metals such as gold, silver, copper and aluminum. Formerly known as the Commodity Exchange Inc., the COMEX merged with the New York Mercantile exchange in 1994 and became the division responsible for metals trading.


The merger between Commodity Exchange Inc. and the New York Mercantile exchange has created the world's largest physical futures trading exchange. Since the merger in 1994, the COMEX division has incorporated the trading of aluminum future contracts.

  1. Base Metals

    Metals that oxidize, tarnish or corrode relatively easily when ...
  2. Gold Certificate

    A physical document resembling a paper bank note that entitles ...
  3. Precious Metals

    A classification of metals that are considered to be rare and/or ...
  4. Silver

    An element commonly used in jewelry, coins, electronics and photography. ...
  5. Futures

    A financial contract obligating the buyer to purchase an asset ...
  6. New York Mercantile Exchange - ...

    The world's largest physical commodity futures exchange. Trading ...
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  1. What is the history of futures?

    The earliest recognized futures trading exchange is the Dojima Rice Exchange, established in 1710 in Japan for the purpose ... Read Full Answer >>
  2. How can I invest in gold?

    Investing directly in commodities, such as gold or oil, tends to be more difficult for investors than investing in stocks ... Read Full Answer >>
  3. Can mutual funds invest in options and futures?

    Mutual funds invest in not only stocks and fixed-income securities but also options and futures. There exists a separate ... Read Full Answer >>
  4. Can mutual funds invest in commodities?

    Mutual funds can invest in commodities. In fact, mutual funds may provide a better way for investors to gain exposure to ... Read Full Answer >>
  5. How do futures contracts roll over?

    Traders roll over futures contracts to switch from the front month contract that is close to expiration to another contract ... Read Full Answer >>
  6. Why would a corporation issue convertible bonds?

    A convertible bond represents a hybrid security that has bond and equity features; this type of bond allows the conversion ... Read Full Answer >>

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