Dictionary of Finance and Investment Terms: New York Mercantile Exchange (NYMEX)
New York Mercantile Exchange (NYMEX)
The New York Mercantile Exchange is the largest physical commodity exchange in the world, offering futures and options trading in energy and metals contracts and clearing services for off-exchange energy transactions. Through a combination of open outcry floor trading and the NYMEX ACCESS and NYMEX ClearPort electronic trading platforms, a wide range of crude oil, petroleum products, natural gas, coal, electricity, gold, silver, copper, aluminum, and platinum group metals markets are available virtually 24 hours a day. www.nymex.com.
