New York Mercantile Exchange (Nymex)'s net income rose 67%
to record levels during the first quarter. Record electronic
trading volume was a main driver behind a $56.2m growth in net
Average daily volume was 1.51m contracts, representing a 40%
increase over Q1 2006. Nymex electronic volume on Chicago
Mercantile Exchange's Globex system was an average 597,000
contracts per day, a 485% increase compared to a year earlier.
In contrast Nymex floor trading fell by 39% from the first
quarter of 2006 to an average of 330,000 contracts per day.
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