Exchange Sets Record For NYMEX Division Seat Sale

A seat on the NYMEX Division of the New York Mercantile Exchange, Inc., sold today for a record $2,800,000, surpassing the $2,750,000 record sale set on August 17.

Ownership of a seat on the NYMEX Division also represents a share of common stock in NYMEX Holdings, Inc.

Exchange President James E. Newsome said, “This record is affirmation of the continued confidence the industry has shown in the price transparency and market stability provided by the Exchange.”