NYMEX Sets Daily Volume Records For Crude Oil Futures, CME Globex(R)
January 12 2007 - 11:22AM
PR Newswire (US)
NEW YORK, Jan. 12 /PRNewswire-FirstCall/ -- The New York Mercantile
Exchange, Inc. announced today that it set daily volume records for
crude oil futures across all venues, as well as records on the CME
Globex electronic trading platform yesterday. Total crude oil
futures, via open outcry and electronic trading, reached a record
800,731 contracts, beating the 657,549 traded on January 9. On CME
Globex, total energy and metals futures traded a record 919,900
contracts, exceeding the 810,547 contracts traded on January 9.
Crude oil futures reached 588,444 contracts, surpassing the 503,023
contracts traded on January 9. Natural gas futures totaled 103,302
contracts, topping the 87,390 contracts traded on January 9.
Heating oil futures contracts traded 62,322 contracts, exceeding
the 62,191 contracts traded on January 10. Total volume yesterday
reached 2,041,694 contracts, crossing the 2 million contract mark
for the second time this week. NYMEX reached an overall volume
record of 2,141,304 contracts traded on January 9. 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 Mary Haffenberg of CME,
+1-312-930-3435 Web site: http://www.nymexoncmeglobex.com/
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