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| Museum Information |
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Our trading pits have been centers of drama, history, and financial excitement
for more than 125 years. Now you can trace this history at our new museum,
and catch the excitement of New York's largest commodites exchange as you
view trading first-hand from our visitors galleries.
Loud jackets, louder voices, wild gestures
The New York Mercantile Exchange is the largest physical commodities trading
forum in the world. In the Exchange's famous trading rings, traders shout
buy and sell offers to each other and trade billions of dollars worth of
oil, gold, silver, natural gas, electrical power, and other commodities.
Distinctive, colored jackets and strong voices make all the difference for
traders who gesture frantically as they compete to buy and sell orders for
themselves and hundreds of thousands of customers. This unique, face-to-face
method of trading — called open outcry — serves to make trading
on the Exchange extremely fluid, quick, and exciting.
From our visitors' galleries you can see the excitement of trading in the
rings. At the Exchange museum, you can see how futures trading developed
and how it's used today to buy or sell strategic global commodities.
Please note: The Exchange's museum and galleries
are presently closed to the public. We hope to reopen them soon, so please
check back. We appreciate your patience.
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