NYMEX Sets Daily Volume Record for Total Natural Gas Futures Contracts, Natural Gas Futures on CME Globex(R)
July 25 2008 - 4:28PM
PR Newswire (US)
NEW YORK, July 25 /PRNewswire-FirstCall/ -- The New York Mercantile
Exchange, Inc., a subsidiary of NYMEX Holdings, Inc. (NYSE:NMX),
set daily volume records yesterday for total natural gas futures
contracts traded via electronic and open outcry trading and natural
gas futures contracts traded on the CME Globex electronic trading
platform. Total natural gas futures, via electronic and open outcry
trading, reached 403,106 contracts, surpassing the 327,942
contracts traded on July 17. Natural gas futures on CME Globex
traded 357,443 contracts, topping the 293,656 contracts traded on
July 17. NYMEX launched its physically settled futures contracts
for trading on CME Globex during regular open outcry trading hours
on September 5, 2006, following its initial offering of financially
settled, standard-sized and NYMEX miNY energy futures contracts for
trading on CME Globex on June 12, 2006. On December 4, 2006, NYMEX
introduced full-sized and COMEX miNY metals futures contracts for
side by side trading. Options trading launched on CME Globex on
June 25. 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:
NYMEX Holdings, Inc. CONTACT: Anu Ahluwalia of NYMEX Holdings,
Inc., +1-212-299-2439; or Allan Schoenberg of CME Group,
+1-312-930-8189 Web site: http://www.nymex.com/
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