New York Mercantile Exchange (NYMEX)

The New York Mercantile Exchange (NYMEX) is a New York based exchange which specialized in commodities-based futures. NYMEX operated as a trading-floor-based market until 2016, when it switched entirely to electronic trading. It is owned and operated by the Chicago Mercantile Exchange (CME), which also controls the New York Commodity Exchange (COMEX), and the Chicago Board of Trade (CBOT).

The NYMEX hosts a broad range of futures derived from precious metals, crude oil, agricultural produce and other physical commodities.

Trading hours: Sunday through Friday 6:00 p.m. to 5:15 p.m. ET (UTC-5)

More on this topic:
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Daniel Dreier is editor and personal finance expert at moneyland.ch.

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