Exchange President J. Robert Collins, Jr., said, "The escalating value of our seats is tangible evidence of the enthusiasm held by the energy and financial communities for the multi-faceted initiatives currently underway at the Exchange. These include e-miNY energy futures and over-the-counter clearing, as well as the Exchange's successful performance following recent events in the energy markets. This confidence is further demonstrated by the Exchange's recent record volumes and phenomenal increase in activity year-to-date."
Ownership of a seat on the NYMEX Division represents a share of common stock in NYMEX Holdings, Inc.