Nymex Sets Record For Copper Futures Open Interest

The New York Mercantile Exchange, Inc., copper futures contract, for the fourth consecutive day, set an open interest record of 132,104 contracts, surpassing the previous record of 131,327 contracts set on April 11.

Exchange President James E. Newsome said, "The recent streak of copper records demonstrates the increased participation of traders seeking greater ability to manage their price risk through the liquidity and transparency offered by the Exchange's COMEX Division contracts."