The seat surpasses the $3.8 million record set on March 10. 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, "We are gratified by this latest seat sale. It stands as evidence of the confidence that the energy industry places in our markets as a reliable source of risk management, liquidity, and price transparency."
