News Release

NYMEX To Waive Fees For Crude Oil Spread Trade on CME Globex®

Tue Jul 18 2006

New York, N.Y., July 18, 2006 -- The New York Mercantile Exchange, Inc. today approved waiving a fee related to trading the WTI financial futures (WS) leg of a WTI:Brent spread (WS:BB) on CME Globex.

Previously, NYMEX stated that the fees for the Brent financial futures (BB) leg of the WS:BB spread would be waived. It is now also waiving fees for the WTI financial futures (WS) leg of the spread through December 31, 2006.

Before this can become effective, the proposed fee waiver is subject to a consent process that includes a 15-day notice to the owners of Class A memberships.

 

###

 

Forward Looking and Cautionary Statements
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.

Contact: Anu Ahluwalia, (212) 299-2439

Corporate Communications

+1 312 930 3434
Email