Source: https://mochatrade.com/learn/glossary/nymex

# NYMEX
URL: https://mochatrade.com/learn/glossary/nymex
Last modified: 2026-10-17

NYMEX is the New York Mercantile Exchange, part of CME Group, home of WTI crude since 1983, Henry Hub gas and platinum. MCX crude settles on a NYMEX print, so the Indian price is derived. An oil contract references a NYMEX month that [rolls every month](https://mochatrade.com/learn); [what Mochatrade references](https://mochatrade.com/support/what-is-a-perpetual-contract-and-does-it-expire).

## Related terms

- CME Group: https://mochatrade.com/learn/glossary/cme-group
- Platinum: https://mochatrade.com/learn/glossary/platinum
- Henry Hub: https://mochatrade.com/learn/glossary/henry-hub
- COMEX: https://mochatrade.com/learn/glossary/comex
- Gold futures: https://mochatrade.com/learn/glossary/gold-futures
- Closing auction (official close): https://mochatrade.com/learn/glossary/closing-auction

Educational content only. Not investment advice. Leveraged products magnify losses as well as gains.