Tuesday, July 31, 2007

Nymex Profit Rises 9.4 Percent on Increase in Electronic-Trading Volumes

(Bloomberg) -- Nymex Holdings Inc., owner of the
world's largest energy market, said second-quarter net income
rose 9.4 percent as growth in electronic trading increased
revenue.

Net income climbed to $41.7 million, or 44 cents per share,
based on 94.8 million shares outstanding, from $38.1 million, or
44 cents per share, based on 81.6 million shares, in the year-
earlier period, New York-based Nymex said in a statement.
Operating revenue jumped 34 percent to $163.6 million from $122.5
million.


Read more at Bloomberg Commodities News

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