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Some traders profit from Enron's Demise. (News).(New York Mercantile Exchange sees positive results)(Brief Article)

Energy User News

| July 01, 2002 | COPYRIGHT 2002 BNP Media. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

NEW YORK--The New York Mercantile Exchange (NYMEX) appears to have emerged as one of the winners in the Enron meltdown. Through April, overall exchange volume was up 34% from the previous year, with natural gas futures surging 93% and natural gas options up 206%, according to a news release from the exchange. Trade in heating and crude oil contracts showed lesser gains.

In response to events in the energy market, NYMEX announced that it would introduce ...

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