New York Car Rentals and the New York Mercantile Exchange

Everyone knows about New York City's one big exchange market - the New York Stock Exchange. But few people know that a second institution exist in the Big Apple specializing in the development of energy and the trading of precious metals. The New York Mercantile Exchange, as it is called, is the world's preeminent physical commodity futures exchange and the world's largest trading forums for energy and metals. For more than 132 years the New York Mercantile Exchange has helped develop energy futures and options, as well as play an important role in the commercial, civic and cultural life of New York, the United States and the world. Customers of All Car New York Car Rentals are invited to learn more about this important NYC exchange, as it affects almost every aspect of daily life. The world runs on the resources traded through the New York Mercantile Exchange, so don't let your tank get too low - read on to learn more about this important institution.

Trade away: What the Mercantile Exchange does

The New York Mercantile Exchange currently includes an array of smaller trading markets dealing with furthers and option contracts for a number of important resources. These include crude oil, gasoline, heating oil, natural gas, electricity and countless precious metals. The Exchange also works to provide smaller investors and trades with the opportunity for an efficient means of participating in the fast paced world of energy markets. Trading is conducted through two divisions, the NYMEX (home to energy, platinum and palladium markets) and the COMEX (dealing with all other metals). Customers of All Car New York Car Rentals may also be surprised to learn that the Mercantile Exchange also supports a number of local charitable and social programs through the unique Mercantile Exchange Charitable Foundation. Billions of people are affected by the results of the New York Mercantile Exchange everyday, so why wait to learn more? Plan to visit the New York Mercantile Exchange during your upcoming All Car New York Car Rentals vacation.

Big sounds and big business: Experience the Mercantile Exchange for yourself

Drama, history and financial excitement have been unfolding at the Mercantile Exchange for more than 125 years. Now you can trace this history at your own leisure inside the Mercantile museum. Exciting exhibits provide customers of All Car New York Car Rentals with a firsthand look at trading history and practices, helping visitors to gain a better understanding of what the Mercantile Exchange stands for. The visitors' gallery at the Mercantile Exchange allows customers of All Car New York Car Rentals to watch as the excitement unfolds inside the Mercantile trading rings. Visitors will also learn how futures trading developed and how it is now used to buy or sell strategic global commodities. *Note: At the time this article was written the Exchange's museum and gallery were closed. Please contact the Mercantile Exchange for further details. Customers of All Car New York Car Rentals can satisfy their need to learn more about the Mercantile Exchange by visiting the virtual tour at the official New York Mercantile Exchange website.

In the world of commodities trading, there's no place like New York City. If you would like to learn more about NYC's other major exchange simply log onto the official New York Mercantile Exchange website at www.nymex.com. Customers of All Car New York Car Rentals will find the Mercantile Exchange located inside the World Financial Center at One North End Avenue (The NYMEX moved here after the original headquarters and trading floor were destroyed by the events of September 11th, 2001). Customers of All Car New York Car Rentals are also encouraged to visit the onsite gift store for souvenirs, clothing and memorabilia.

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