The seat, which surpasses yesterday's $3,000,000 record sale, is also the highest currently traded on any exchange — futures or equity — in the world.
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 very gratified by this historical seat sale. It is a dynamic time for the Exchange and its markets, and we have seen unprecedented growth in volumes as we have continued to meet the evolving risk management needs of the industry."
