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Table 2.XXI |
Commodity Exhanges |
New
York Mercantile Exchange 1 North End Ave., World Financial Center New York, NY 10282-1101 Tel: (212) 299-2000 Fax: (212) 301-4623 http://www.nymex.com |
| 2005 Total number of
contracts traded and cleared (futures and options): 204,611,537 2005 Revenue: $346,561,000 2005 Daily Average Volume of Exchanges (contracts for futures and options): 815,185 Number of members (not including options): NYMEX: 816, COMEX: 772 |
| The
New York Mercantile Exchange, Inc., founded in 1871, is the world's largest
physical commodity futures exchange and the preeminent trading forum for
energy and precious metals. Futures and options contracts traded by Exchange
include: crude oil, gasoline, heating oil, natural gas, electricity, gold,
silver, copper, aluminum, and platinum; futures contracts for coal, propane,
and palladium; and options contracts on the price differentials between
crude oil and gasoline, crude oil and heating oil, and various futures contract
months (calendar spreads) for light, sweet crude; Brent crude oil; gasoline;
heating oil; and natural gas. 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. |
| Source: |
| NYMex 2006 Annual Report |
The
New York Board of Trade 1 N End Ave., FL 13 New York, NY 10282 Tel: (212) 748-4047 www.nybot.com |
| Total number of contracts
in 2005: 37,945,585 Number of members (includes members who own and lease): 1,510 |
| In 1998, the union of the Coffee, Sugar & Cocoa Exchange, Inc. (CSCE - founded in 1882) and the New York Cotton Exchange (NYCE - founded in 1870) created the New York Board of Trade (NYBOT). NYBOT trades coffee, cocoa, sugar, frozen concentrate orange juice, and a variety of currency futures and options: Euro-based currency pairs; U.S. dollar-paired currency pairs. Other key cross-rate currency contracts; U.S. Dollar Index (USDX). |
| Source: |
| The New York Board of Trade |