COMEX Division Reaches Record Seat Sale, NYMEX ACCESS® Volume

The New York Mercantile Exchange, Inc., announced records for a COMEX Division seat sale and COMEX Division volume on NYMEX ACCESS®.

A COMEX Division seat sold today for $350,000, meeting the previous record set on September 22, 1980. Since those seats were split into two shortly afterward, this sale marks a greater valuation. The Commodity Exchange, Inc., and the New York Mercantile Exchange merged in 1994.

COMEX Division trading on NYMEX ACCESS® reached a record high on November 28, with 29,332 contracts traded. The previous record was 27,226 contracts traded on February 6, 2003.

Exchange President James E. Newsome said, "These records exemplify the Exchange's role as an efficient and trusted risk management tool. We are delighted with the strong activity in the metals markets in the recent months."