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NMX -

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Name Symbol Market Type
- DOWI:NMX Dow Jones Indices Index
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 0 -

NYMEX Issues Statement

08/04/2008 5:59pm

PR Newswire (US)


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NEW YORK, April 8, 2008 /PRNewswire-FirstCall/ -- NYMEX today issued the following statement in response to the investigation results announced today by the New York County District Attorney and Commodity Futures Trading Commission (CFTC): NYMEX President and Chief Executive Officer James E. Newsome said, "NYMEX is very grateful to District Attorney Robert Morganthau and the CFTC for their diligent work in investigating these matters. Today's action should serve as an unmistakable notice to our market participants that NYMEX will not hesitate to work with law enforcement authorities, or take whatever steps are otherwise necessary, to protect the integrity of our markets." 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. DATASOURCE: NYMEX Holdings, Inc. CONTACT: Anu Ahluwalia, +1-212-299-2439 or Keil Decker, +1-212-299-2209, both of NYMEX Holdings, Inc. Web site: http://www.nymex.com/

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