Investing Exchanges in Online Business Trade Directory

Home » Business » Business Investing » Commodities and Futures Investing » Investing Exchanges » New York Mercantile Exchange,Inc

New York Mercantile Exchange,Inc in Online Business Directory

The New York Mercantile Exchange, Inc., is the worlds largest physical commodity futures exchange and the preeminent trading forum for energy and precious metals. The Exchange has stood for market integrity and price transparency for more than 130 years. Transactions executed on the Exchange avoid the risk of counterparty default because the Exchange clearinghouse acts as the counterparty to every trade. Trading is conducted through two divisions, the NYMEX Division, home to the energy, platinum, and palladium markets; and the COMEX Division, on which all other metals trade. The Exchange pioneered the development of energy futures and options contracts 26 years ago as means of bringing price transparency and risk management to this vital market. The Exchange plays a vibrant role in the commercial, civic, and cultural life of New York. It provides thousands of jobs in the financial services and allied industries and, through the New York Mercantile Exchange Charitable Foundation, supports cultural and social service programs in the downtown community as well as broader charitable endeavors in the metropolitan area. We invite you to explore our site and learn more about the Exchange, our markets, and other information of public interest.

Address: World Financial Center One North End Avenue New York, NY 10282-1101
Telephone: (212) 299-2000
Website: http://www.nymex.com/