New York Mercantile Exchange - NYMEX
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Definition of 'New York Mercantile Exchange - NYMEX'
The world's largest physical commodity futures exchange. Trading is conducted through two divisions: the NYMEX Division, which is home to the energy, platinum and palladium markets, and the COMEX Division, where metals like gold, silver and copper and the FTSE 100 index options are traded. The NYMEX uses an outcry trading system during the day and an electronic trading system after hours. You'll hear the NYMEX referred to as "The Merc".
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Investopedia explains 'New York Mercantile Exchange - NYMEX'
In 1872, a group of dairy merchants founded "The Butter and Cheese Exchange of New York", and in 1994, the NYMEX merged with the COMEX (commodity exchange). Futures and options on energy and precious metals have become great tools when companies try to manage risk by hedging their positions. The ease with which these instruments are traded is vital to hedging activities and gauging future prices, making the NYMEX a vital part of the trading and hedging worlds.
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Search results for 'New York Mercantile Exchange (NYMEX)'
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http://www.investopedia.com/articles/optioninvestor/07/energy_market.asp
... Exchange (ICE). Here, we will only look at the contracts traded at the New York Mercantile Exchange (NYMEX). Crude Crude accounts ...
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http://www.investopedia.com/university/commodities/commodities8.asp
... To trade a gold contract on the New York Mercantile Exchange (NYMEX) requires a margin of $4,455, which is approximately 5% of the face value. ...
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http://www.investopedia.com/university/commodities/commodities3.asp
... Copper Exchanges The futures contract for copper is traded at the New York Mercantile Exchange (NYMEX) through its Commodity Exchange (COMEX) division and ...
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http://www.investopedia.com/university/commodities/commodities6.asp
... To trade a crude oil contract on the New York Mercantile Exchange (NYMEX) a trader may be required to maintain a margin of $8,775, which is approximately 8% of ...
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http://www.investopedia.com/ask/answers/06/commodityprices.asp
... commodity exchanges around the world such as the Chicago Mercantile Exchange, Winnipeg Commodities Exchange (WCE) and the New York Mercantile Exchange (NYMEX). ...
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http://www.investopedia.com/university/commodities/commodities18.asp
... Silver Exchanges The futures contract for silver is traded at the New York Mercantile Exchange (NYMEX) through its Commodity Exchange (COMEX) division via open ...
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http://www.investopedia.com/university/commodities/commodities12.asp
... Natural Gas Exchanges The futures contract for natural gas is traded at the New York Mercantile Exchange (NYMEX, US Futures Exchange (USFE), Intercontinental ...
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http://www.investopedia.com/university/commodities/commodities9.asp
... Heating Oil Exchanges The futures contract for heating oil is traded at the New York Mercantile Exchange (NYMEX), the Intercontinental Exchange (ICE) and Multi ...
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http://www.investopedia.com/university/commodities/commodities15.asp
... The futures contract for platinum is traded at the New York Mercantile Exchange (NYMEX) through its Commodity Exchange (COMEX) division via open-outcry. ...
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http://www.investopedia.com/articles/economics/08/crude-and-gas-prices.asp
... futures market. In America, WTI crude-oil futures are traded through the New York Mercantile Exchange (NYMEX). European oil futures ...
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