Nymex To Allow Comex Division Seat Owners To Act As Brokers For Platinum, Palladium And Propane Contracts Beginning Feb.21

The New York Mercantile Exchange, Inc., today announced that beginning tomorrow, COMEX Division seat-owners and employees of member firms using COMEX Division seats owned by their firms will be allowed to do brokerage business in NYMEX Division platinum, palladium, and propane futures and platinum options.

These classes of COMEX Division members have been allowed to trade platinum futures and options and palladium futures for their own account since the NYMEX/COMEX merger in 1994 and propane futures since trading was moved to the same ring as the