- published: 05 Dec 2011
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Coordinates: 40°42′52″N 74°1′1″W / 40.71444°N 74.01694°W / 40.71444; -74.01694
The New York Mercantile Exchange (NYMEX) is a commodity futures exchange owned and operated by CME Group of Chicago. NYMEX is located at One North End Avenue in Brookfield Place in the Battery Park City section of Manhattan, New York City. Additional offices are located in Boston, Washington, Atlanta, San Francisco, Dubai, London, and Tokyo.
The company's two principal divisions are the New York Mercantile Exchange and Commodity Exchange, Inc (COMEX), once separately owned exchanges. NYMEX Holdings, Inc., the former parent company of the New York Mercantile Exchange and COMEX, became listed on the New York Stock Exchange on November 17, 2006, under the ticker symbol NMX. On March 17, 2008, Chicago based CME Group signed a definitive agreement to acquire NYMEX Holdings, Inc. for $11.2 billion in cash and stock and the takeover was completed in August 2008. Both NYMEX and COMEX now operate as designated contract markets (DCM) of the CME Group. The other two designated contract markets in the CME Group are the Chicago Mercantile Exchange and the Chicago Board of Trade.
New York is a state in the Northeastern United States and is the United States' 27th-most extensive, fourth-most populous, and seventh-most densely populated state. New York is bordered by New Jersey and Pennsylvania to the south and Connecticut, Massachusetts, and Vermont to the east. The state has a maritime border in the Atlantic Ocean with Rhode Island, east of Long Island, as well as an international border with the Canadian provinces of Quebec to the north and Ontario to the west and north. The state of New York, with an estimated 19.8 million residents in 2015, is often referred to as New York State to distinguish it from New York City, the state's most populous city and its economic hub.
With an estimated population of nearly 8.5 million in 2014, New York City is the most populous city in the United States and the premier gateway for legal immigration to the United States. The New York City Metropolitan Area is one of the most populous urban agglomerations in the world. New York City is a global city, exerting a significant impact upon commerce, finance, media, art, fashion, research, technology, education, and entertainment, its fast pace defining the term New York minute. The home of the United Nations Headquarters, New York City is an important center for international diplomacy and has been described as the cultural and financial capital of the world, as well as the world's most economically powerful city. New York City makes up over 40% of the population of New York State. Two-thirds of the state's population lives in the New York City Metropolitan Area, and nearly 40% live on Long Island. Both the state and New York City were named for the 17th century Duke of York, future King James II of England. The next four most populous cities in the state are Buffalo, Rochester, Yonkers, and Syracuse, while the state capital is Albany.
Corporate Branding The New York Mercantile Exchange (NYMEX) handles billions of dollars worth of energy products, metals and other commodities that people around the world need. When the Exchange wanted to tell its story to a range of audiences -- government regulators, members of Congress, and businesses -- the team at William Morris Production Group listened, and understanding the very full schedules of audience members, recommended a brief, yet strong, factual "news" style video. (See our client's testimonial about how well it worked.) Visit www.williammorrisproductiongroup.com for more information.
Trading on the NYMEX floor with commentary from Robert Downey Jr.
these are the first people ice fu--ed they did warn us. Look at the price of crude at the end
Whats the difference between futures and options? Between a put and a call? The price of heating oil is never far from the minds of heating oil consumers and dealers, but to understand heating oil prices requires understanding the complexities of commodity markets. HeatingOil.com strives to make sense of that often confusing world, and this week we paid a visit to the New York Mercantile Exchange (NYMEX), the commodity exchange where heating oil contracts are traded, to learn more about how the price of heating oil is determined. HeatingOil.com watched the controlled chaos of open outcry trading that distinguishes the NYMEX from other exchanges. We were on hand when the Energy Information Administration (EIA) released its weekly report on oil inventories, and saw the action in the tradi...
This is what many envision when they think of a trading floor like the New York Mercantile Exchange (NYMEX); however, the day-to-day life of a floor trader has changed drastically from the old days as electronic trading becomes the new norm. Jeff Grossman, President of BRG Brokerage Inc., has been working on the floor of NYMEX just about longer than anyone and has seen first-hand how the exchange has gone from a roaring trading floor, to what is now just a small band of traders who are losing their voice to electronic trading. What began as the Butter and Cheese Exchange in 1872 evolved to the New York Mercantile Exchange in 1882: the world's largest physical commodity futures exchange and a preeminent forum for energy and metals trading. NYMEX once held a virtual monopoly on commodity ...
"NYMEX:NG History 1997-2014 -MightyEM" 17 years of summer and winter Natural Gas NYMEX trading prices reviewed in under 7 minutes.
CNNi's Felicia Taylor spends the day with gold traders in the NYMEX, during the markets' roller-coaster week.
This presentation was done on PowerPoint 2010. It explains the Background of CME Group, its regulatory Framework, its Social Performance, the products it trades and its operation. Music- 009 Sound System: Holy Ghost Watch my other videos at: Spaghetti bowl effect and TFTA: http://www.youtube.com/watch?v=IalKCWiPev8 The Internet: http://www.youtube.com/watch?v=xLTbM3jXKgU
New York City Hall, the seat of New York City government, is located at the center of City Hall Park in the Civic Center area of Lower Manhattan, between Broadway, Park Row, and Chambers Street. The building is the oldest city hall in the United States that still houses its original governmental functions, such as the office of the Mayor of New York City and the chambers of the New York City Council. While the Mayor's Office is in the building, the staff of thirteen municipal agencies under mayoral control are located in the nearby Manhattan Municipal Building, one of the largest government buildings in the world. Constructed from 1810 to 1812, New York City Hall is a National Historic Landmark and is listed on the National Register of Historic Places.Both its exterior (1966) and interior ...
Video Title: How to pronounce New York Mercantile Exchange (NYMEX) [financial terms]
Check out Chicago's Main Street in 360 Degrees! - https://youtu.be/1KSzonKpiW4 Driving Downtown - Chicago Illinois USA - Episode 42. Starting Point: https://goo.gl/maps/67JvVUH51Rx . Chicago is the third-most populous city in the United States. With over 2.7 million residents it is the most populous city in the state of Illinois and the Midwestern United States. The Chicago metropolitan area, often referred to as Chicagoland, has nearly 10 million people and is the third-largest in the U.S. The city is an international hub for finance, commerce, industry, technology, telecommunications, and transportation: O'Hare International Airport is the second-busiest airport in the world when measured by aircraft traffic; the region also has the largest number of U.S. highways and rail road freight...
the beautiful New York City building architecture. Building design. United States building architecture. first united states post office building, the new york mercantile exchange building, world trade center tower, city night view, equitable building, the first building, sky scrapper. american express center building, building number one. United Nations building, statue of liberty.
This building behind me is called the India House, it’s now a private club and a restaurant, but at one time it was the New York Cotton Exchange. It's where the Lehman Brothers made their fortune. Three Lehman brothers -- Henry, Emanuel and Mayer, moved to the US in the mid 19th century and made their fortune trading commodities -- especially cotton. Eventually, their firm evolved into an investment bank. Once upon a time, they had offices in this area before moving to Midtown. Besides India House is Stone Street. It’s the oldest paved road in Manhattan; it was originally paved in 1651 and was the center of good times for about 200 years. Because this was the water’s edge and the shipping industry was very big here. But in the early 1900s, the shipping industry left and moved to New Jer...
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Broad Street in Lower Manhattan, New York City, where the famous facade of the New York Stock Exchange is located, used to have a canal in the center 1600’s. It came up from the river, almost to the edge of the Stock Exchange. Check out our "Know Before You Go To New York: Travel Tips From A Licensed New York City Tour Guide:" http://knowbeforeyougonewyork.com/