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$13.60 0.00 (0.00%)
10/13/2008 4:00 PM

NYMEX Holdings, Inc. (NMX.DL)

CAPS Rating:
No stars

The Company provides facilities to buy, sell and clear energy, precious and base metals, and soft commodities for future delivery under rules intended to protect the interests of market participants.

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Avatar slimpickins2 (23.26) Submitted: 5/02/08 11:21 AM : Outperform Start Price: $96.18 NMX.DL Score: -6.36

I think the CME and NMX exchanges are going to benefit in a historic fashion once we (hopefully for my financial benefit) adopt carbon emissions system similar to Europe which requires companies to acuire carbon credits and futures contracts are built off of these credits. Hopefully it happens in the next presidential term, Bush is opposed, but I think all the new potential pres. are game for it. This will be big business for whoever is the big player, and with both of these companies commanding 90% of the future market, I see big things. Even if it didn't happen the way I see it, these are not bad companies to hold anyway and now is a good buy-in point.

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