News Release

NYMEX to Launch New Alternative Energy Equity Index Futures Contract on CME Globex® and NYMEX ClearPort®

Thu Aug 02 2007

 

New York, N.Y., August 2, 2007 -- The New York Mercantile Exchange, Inc. today announced that it will launch a new alternative energy equity index futures contract on CME Globex and NYMEX ClearPort, beginning on August 19 for trade date August 20.

The contract will be based on the Ardour Global XL Index, which is comprised of 30 well-capitalized, liquid and publicly traded companies, and seeks to provide exposure to a range of businesses that contribute to the growth and development of the alternative energy industry.
 
The contract will be cash-settled, and the commodity code will be AX. Four initial months will be listed on a March, June, September, and December cycle beginning with September 2007. The minimum price fluctuation will be $0.50 per index point, and the contract value will be $25 times the cash index. Final settlement will be on the third Friday of the delivery month. Trading on the expiring contract will end as of the close of CME GLOBEX trading on evening prior to final settlement.
 
For more information, visit the NYMEX website at www.nymex.com.
 
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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, Keil Decker, 212-299-2209 or Allan Schoenberg, CME Group, 312-930-8189

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