Nymex Sets Two Records For Nymex Division Seat Sales

Two seats on the NYMEX Division of the New York Mercantile Exchange, Inc., sold today for record prices. The first sold for $2,600,000, topping the $2,500,000 sale on June 24. Later in the day, a second seat sold for $2,750,000.

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, "These records are reflective of the unprecedented interest and continued confidence in our markets. It is an exciting time for the Exchange. We have experienced numerous volume records, introduced more than 160 new contracts on NYMEX ClearPort® this year, and continued our global expansion initiatives."