DE
|
13-4098266
|
|
(State or other jurisdiction of
|
(IRS Employer
|
|
incorporation)
|
Identification No.)
|
Information to be included in the report
The press release is attached as Exhibit 99.1 to this Current Report on Form 8-K.
|
|
NYMEX Holdings, Inc.
|
||||||
Date: July 27, 2006
|
By:
|
/s/ Richard Kerschner
|
||||||
Richard Kerschner
|
||||||||
Senior Vice President - Corporate Governance and Strategic Initiatives
|
||||||||
Exhibit No.
|
Description
|
|
EX-99.1
|
Press Release
|
FOR IMMEDIATE RELEASE
Contact: Anu Ahluwalia
(212) 299-2439
NYMEX TO EXPAND MEMBERSHIP TO NON-TRADITIONAL ENTITIES
NEW YORK, NY, July 25, 2006 -- The New York Mercantile Exchange, Inc. announced today that it would expand its existing membership structure to allow non-traditional entities, including hedge funds, pools, and other collective investment vehicles, to become NYMEX member firms.
NYMEX will expedite applications for corporate or partnership entities applying for member firm status that will not have a physical floor presence.
Before they can become effective, the proposed changes are subject to a consent process that includes a 15-day notice to the owners of Class A memberships, which will contain the proposed rule amendments and will be issued shortly.
###
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 cha nges 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.