News Release

NYMEX to Launch Certified Emission Reduction Options Contract

Tue Apr 08 2008

NEW YORK, April 8, 2008 /PRNewswire-FirstCall/ -- The New York Mercantile Exchange, Inc., a subsidiary of NYMEX Holdings, Inc. (NYSE: NMX), today announced that it will introduce a certified emission reduction (CER) options contract on the NYMEX trading floor and for clearing on NYMEX ClearPort® beginning on April 20 for trade date April 21.

The contract, with commodity code VG, is a European style option that will expire three business days prior to the expiration of the underlying CER futures contract. The initial contract months to be listed will be December 2008, March 2009, June 2009, September 2009, December 2009, March 2010, June 2010, September 2010, December 2010, December 2011, and December 2012.

The contract will be priced in Euros with a minimum price fluctuation of euro 0.01 per metric ton. There will be ten strike prices in increments of euro 0.50 per metric ton above and below the at-the-money strike price.

Information on fees can be found on The Green Exchange website,

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.

SOURCE: NYMEX Holdings, Inc.

CONTACT: Anu Ahluwalia, +1-212-299-2439, or Keil Decker,
+1-212-299-2209, both of NYMEX Holdings, Inc.

Web site:

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