NYMEX Energy, Metals Futures Contracts Set Daily Volume Records on CME Globex(R)
January 09 2007 - 10:59AM
PR Newswire (US)
NEW YORK, Jan. 9 /PRNewswire-FirstCall/ -- The New York Mercantile
Exchange, Inc. announced today that it set daily volume records for
total futures, as well as crude oil, natural gas and COMEX miNY(TM)
copper futures contracts traded on the CME Globex electronic
trading platform yesterday. Total energy and metals futures traded
a record 704,301 contracts, exceeding the 698,718 contracts traded
on January 4. Crude oil futures reached 436,151 contracts,
surpassing the 417,771 contracts traded on January 4. Natural gas
futures totaled 69,261 contracts, topping the 67,584 contracts
traded on December 11, 2006. COMEX miNY copper futures contracts
traded 22 contracts, exceeding the 17 contracts traded on December
4, 2006. NYMEX launched its physically settled futures contracts
for trading on CME Globex during regular open outcry trading hours
on September 5, following its initial offering of financially
settled, standard-sized and NYMEX miNY energy futures contracts for
trading on CME Globex on June 12. On December 4, NYMEX introduced
full-sized and COMEX miNY metals futures contracts for side by side
trading. Access to electronic trading of NYMEX energy and metals
products is available virtually 24 hours a day on CME Globex. For
more information, go to http://www.nymexoncmeglobex.com/ . Forward
Looking and Cautionary Statements This press release may contain
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act, with respect to our future
performance, operating results, strategy, and other future events.
Such statements generally include words such as could, can,
anticipate, believe, expect, seek, pursue, and similar words and
terms, in connection with any discussion of future results.
Forward-looking statements involve a number of assumptions, risks,
and uncertainties, any of which may cause actual results to differ
materially from the anticipated, estimated, or projected results
referenced in forward-looking statements. In particular, the
forward-looking statements of NYMEX Holdings, Inc., and its
subsidiaries are subject to the following risks and uncertainties:
the success and timing of new futures contracts and products;
changes in political, economic, or industry conditions; the
unfavorable resolution of material legal proceedings; the impact
and timing of technological changes and the adequacy of
intellectual property protection; the impact of legislative and
regulatory actions, including without limitation, actions by the
Commodity Futures Trading Commission; and terrorist activities and
international hostilities, which may affect the general economy as
well as oil and other commodity markets. We assume no obligation to
update or supplement our forward-looking statements. DATASOURCE:
CME CONTACT: Anu Ahluwalia of NYMEX, +1-212-299-2439, or Allan
Schoenberg of CME, +1-312-930-8189 Web site:
http://www.nymexoncmeglobex.com/
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