News Release

NYMEX Sets Annual Volume Records

Thu Nov 03 2005

EW YORK, N.Y., November 3, 2005 — The New York Mercantile Exchange, Inc., today announced that it has set annual volume records for many of its energy and metals contracts, with two months left in the year.

Exchange–wide futures and options volume reached an unprecedented 170,256,359 contracts, exceeding the 163,157,807 contracts traded last year. Exchange–wide futures volume of 139,267,697 contracts traded through October, surpassing the 133,284,248 volume record set in 2004. Exchange–wide options volume surpassed last year's record of 29,873,559 contracts traded, with 30,988,662 contracts traded this year as of the end of October.

Total NYMEX Division futures volume has increased to 118,637,702 contracts traded through October exceeding the 2004 record of 110,055,712 contracts. The total NYMEX Division options record is 27,635,784 contracts traded this year, surpassing last year's record of 23,967,338 contracts. Total NYMEX futures and options volume reached 146,273,486 contracts, exceeding the 134,023,050 contracts traded in 2004.

A record 246,877 palladium futures contracts traded this year, surpassing the previous record of 241,224 contracts set in 1983. Copper contracts set a volume record through October with 3,305,804 contracts traded, exceeding last year's volume of 3,190,625 contracts.

Crude oil options volume this year reached 12,139,258 contracts, surpassing last year's record of 11,512,918 contracts. Crude oil average price options contracts volume reached a record 34,783 exceeding the record set in 2004 of 23,622 contracts. Gasoline average price options volume soared to 4,972 contracts, surpassing last year's volume of 300 contracts.

A record 24,028 Central Appalachian coal futures contracts traded on NYMEX ClearPort®, surpassing 2004's record of 7,490 contracts.

Exchange President James E. Newsome said, "These records reflect the industry's satisfaction and the value they place in the Exchange's risk management products. We are very pleased with the annual volume records we have set so early in the year."

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This press release may contain forward–looking statements within the meaning of the Private Securities Litigation Reform Act, with respect to our future performance, operating results, strategy, and other future events. Such statements generally include words such as could, can, anticipate, believe, expect, seek, pursue, and similar words and terms, in connection with any discussion of future results. Forward–looking statements involve a number of assumptions, risks, and uncertainties, any of which may cause actual results to differ materially from the anticipated, estimated, or projected results referenced in forward–looking statements. In particular, the forward–looking statements of NYMEX Holdings, Inc., and its subsidiaries are subject to the following risks and uncertainties: the success and timing of new futures contracts and products; changes in political, economic, or industry conditions; the unfavorable resolution of material legal proceedings; the impact and timing of technological changes and the adequacy of intellectual property protection; the impact of legislative and regulatory actions, including without limitation, actions by the Commodity Futures Trading Commission; and terrorist activities and international hostilities, which may affect the general economy as well as oil and other commodity markets. We assume no obligation to update or supplement our forward–looking statements.

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