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Nymex Gasoline Futures Surpasses Annual Mark - November Record Month For Aluminum Futures

Date 06/12/2002

NYMEX Division unleaded gasoline futures passed its annual volume record on the New York Mercantile Exchange, Inc., and aluminum futures set a monthly volume record, both in November.

Annual activity in gasoline futures reached 10,021,316 contracts through the end of November, breaking the previous annual record of 9,223,510 contracts set in 2001. November aluminum futures volume was 16,185 contracts, breaking the previous monthly record of 8,953 set in July 2002.

Areas that had already surpassed their annual record by the end of October and continue to establish new marks include: Exchange wide-volume, light, sweet crude oil futures and options; natural gas futures and options; total options; total futures; NYMEX Division futures and options; NYMEX Division futures; NYMEX Division options; energy futures and options; energy futures; energy options; and aluminum futures.

Exchange President J. Robert Collins, Jr., said, "The Exchange is gratified by the confidence our customers have placed in us during a year that was very difficult for the energy industry and the financial services as a whole. We are pleased that we were able to provide the stability and risk management tools that they so strongly needed."