New York Mercantile Exchange. Also known in the energy industry as "the Merc".
An acronym for the New York Mercantile Exchange where contracts for commodities, including natural gas, are traded. At the NYMEX, natural gas futures and options contracts are traded which establish future pricing directions. Suppliers may use the NYMEX to establish their pricing offers.
An acronym for the New York Mercantile Exchange where contracts for commodities, including natural gas, are traded. At the NYMEX, natural gas futures and options contracts are traded and future pricing directions are established. Suppliers may establish their prices using the NYMEX.
See New York Mercantile Exchange.
New York Mercantile Exchange. The commodity exchange based in New York City where the natural gas futures and options contracts and other energy futures are traded. Although NYMEX is routinely used for price discovery in the eastern half of the United States, more recently, the Kansas City Board of Trade has begun trading a futures contract that is more applicable for the mid-continent region of the country.
New York Mercantile Exchange. Futures market trading light crude oil (West Texas Intermediate), unleaded gasoline, heating oil, propane, natural gas, and options.