New York Mercantile Exchange (NYMEX)

What is the New York Mercantile Exchange (NYMEX)?

NYMEX stands for New York Mercantile Exchange and is the largest commodity futures market in the world, and trades commodities such as gold, silver, copper, energy, platinum etc. The NYMEX was first created in 1872 and is now one of the vital markets for hedging and trading.

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