Background Info

Background Info - Friday, May 29, 2009 13:03 - 0 Comments

Nymex Oil Trading

Understanding NYMEX Oil Trading
NYMEX oil trading involves selling or purchasing oil options and futures. Established in 1872, NYMEX or the New York Mercantile Exchange is the world’s largest physical commodity futures exchange.

NYMEX Oil Trading: Brief History
NYMEX was established by a group of Manhattan dairy merchants to regularize dairy trade in the region. Initially, it was named Butter and Cheese Exchange of New York. The exchange got its present name in 1882. Continue…

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Background Info

Background Info - Friday, May 29, 2009 13:03 - 0 Comments

Nymex Oil Trading

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