New York Mercantile Exchange (Nymex)

Nymex Europe to shut trading floor

Nymex Europe, the London arm of the New York Mercantile Exchange, will close its trading floor at the end of this week as it shifts to electronic trading in oil and gas futures.

Nymex moves into Singapore

The New York Mercantile Exchange (Nymex) will open an office in Singapore on May 17 in response to demand for its products from investors in the region.

Shanghai Futures Exchange signs MoU with Nymex

The Shanghai Futures Exchange (SHFE) has signed a memorandum of understanding (MoU) with the New York Mercantile Exchange (Nymex) to explore potential areas of cooperation for the mutual benefit of both exchanges.

Newsome leaves CFTC to head up Nymex

James Newsome has quit as chairman of the US Commodity Futures Trading Commission (CFTC) to head up the New York Mercantile Exchange (Nymex), a CFTC spokesman told RiskNews’ sister publication Energy Risk . Newsome’s resignation is effective from July 23…

Nymex fires opening shots for ICE

Nymex has made a $150 million cash bid for the Atlanta-based Intercontinental Exchange (ICE), and would also pay $67 million to shareholders of the International Petroleum Exchange (IPE), according to a senior Nymex official.

Nymex chief quits over pay cut

The decision by Bo Collins to resign as president of Nymex was triggered by the board cutting his compensation package, said a senior source at Nymex.

Nymex president to quit

Bo Collins, president of The New York Mercantile Exchange (Nymex), will leave the exchange at the end of this month. Nymex said the decision not to renew his contract was made by "mutual agreement".

Nymex reshuffles board

Richard Schaeffer, executive director of global energy futures at Dutch bank ABN Amro, has been appointed vice- chairman of the board of the New York Mercantile Exchange (Nymex).

Nybot in Nymex sights

The New York Mercantile Exchange (Nymex) plans to buy the New York Board of Trade (Nybot) as part of its expansion and acquisition drive, according to Nymex president Robert Collins.

Koch markets first volatility swap

Koch Supply & Trading, a division of energy conglomerate Koch, has marketed the first energy volatility swap in a deal with hedge fund Centaurus, a move the Wichita, Kansas-based oil trader hopes will increase its share in options markets and attract…

Nybot Plans for 'Triangular' Continuity

NEW YORK — The New York Board of Trade (Nybot) will apply a "triangular" approach to business continuity—a weaving together of primary, on-site and remote disaster recovery data centers—as part of its relocation to Lower Manhattan, officials said last…

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