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Q: Function of New York Mercantile Exchange?
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When was New York Mercantile Exchange created?

New York Mercantile Exchange was created in 1882.


Why is the Chicago Mercantile Exchange important to Chicago?

it is the main mercantile exchange in America just as the New York stock exchange is the main stock exchange.


What is the ticker symbol for Chicago Mercantile Exchange?

The ticker symbol for Chicago Mercantile Exchange is CME and it is traded on the New York Stock Exchange.


What does the acronym NYMEX stand for?

New York Mercantile Exchange


What company operates the New York Mercantile Exchange?

The New York Mercantile Exchange is owned and operated by the CME Group of Chicago. They are the world's largest exchange company. The CME Group bought the NYMEX in 2008. They then purchased the Dow Jones Exchange.


What do the letters NYMEX stand for?

NYMEX is a company operated by the CME group in Chicago and the abbreviations in NYMEX stands for New York Mercantile Exchange that is located in New York.


What are the soft agri commodity?

Within US commodity marketing, the softs are cocoa, coffee, cotton, and sugar. These are traded daily on the Chicago Mercantile Exchange (CME) and the New York Mercantile Exchange (NYMEX), along with many other commodities.


What is the Mercantile Exchange?

The Mercantile Exchange refers to a large commodity futures exchange run by CME Group of Chicago. The company's two main divisions are NYMEX (New York Mercantile Exchange), and COMEX (Commodity Exchange, Incorporated). NYMEX manages billions of dollars in metals, electronics, energy products, and many other commodities that are bought and sold on their building's trading floor, and their overnight electronic computer trading system.


What historical event took place in 2008?

Gold prices on the New York Mercantile Exchange hit $1,000.00 an ounce for the first time.


Crude oil symbol?

The symbol for crude oil is CL in U. S. dollar and cents per barrel. It is traded on the New York mercantile exchange.


Which stock brokerage in NYC has the best trade options?

Some popular New York City stock brokerage firm include American Stock Exchange, International Securities Exchange Holdings, Second Market, the New York Mercantile Exchange and Scottrade. All of these firms offer similar trade options.


What are some examples of US trading exchanges?

New York Stock Exchange (NYSE), Philadelphia Stock Exchange, Pacific Stock Exchange, Boston Stock Exchange, Cincinnati Stock Exchange, Midwest Stock Exchange, Chicago Board of Trade (CBT), Chicago Mercantile Exchange (CME),