New York Mercantile Exchange (NYMEX)
The world's largest physical commodity futures exchange, specializing in energy and metals.
About NYMEX
The New York Mercantile Exchange (NYMEX) is the world's largest physical commodity futures exchange and part of CME Group. NYMEX is the primary venue for trading energy products including crude oil, natural gas, heating oil, and gasoline, as well as precious metals like gold and silver.
Key Products
- Energy Futures: Crude Oil (WTI), Natural Gas, Heating Oil, RBOB Gasoline
- Precious Metals: Gold, Silver, Platinum, Palladium
- Base Metals: Copper, Aluminum
- Options: Options on all major futures contracts
Trading Hours
Electronic trading: Sunday 5:00 PM - Friday 4:00 PM CT (with daily maintenance break)
Market Specifications
Crude Oil (WTI)
Contract Size: 1,000 barrels
Tick Size: $0.01 per barrel ($10.00)
Contract Months: All months
Natural Gas
Contract Size: 10,000 MMBtu
Tick Size: $0.001 per MMBtu ($10.00)
Contract Months: All months
Gold
Contract Size: 100 troy ounces
Tick Size: $0.10 per ounce ($10.00)
Contract Months: Feb, Apr, Jun, Aug, Oct, Dec
Why Trade on NYMEX
- Global benchmark prices for energy commodities
- High liquidity and tight spreads
- Physical delivery options
- Comprehensive risk management tools
- 24-hour electronic trading