NYMEX Partners With Ardour to Offer Alternative Energy Index Futures, Options Contracts

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NYMEX Partners With Ardour to Offer Alternative Energy Index Futures, Options Contracts



NEW YORK, March 20 /PRNewswire/ -- The New York Mercantile Exchange, a
subsidiary of NYMEX Holdings, Inc. (NYSE: NMX), the world's largest
physical commodity exchange, signed an agreement today with Ardour Global
Indexes, LLC, a leading developer of benchmark indexes for the global
alternative energy industry, to introduce alternative energy index futures
and options contracts.

NYMEX Chairman Richard Schaeffer said, "The introduction of alternative
energy indexes is an exciting initiative for NYMEX. We have seen an
interest in what we believe will be an expanding segment of the world's
energy markets, and we strive to introduce innovative new products to the
energy arena."

The Ardour Global Alternative Energy Indexes were designed to serve as
fair, impartial and transparent measures of the performance of the
alternative energy industry. So far this year, the AGI has risen over 5%,
reflecting surging interest in the sector caused by high energy prices, as
well as security and environmental concerns. The capitalization weighted,
float- adjusted family of indexes incorporates companies engaged in five
primary alternative energy sectors: alternative energy resources (including
wind, solar, ethanol bio-mass and others), distributed generation,
environmental controls, energy efficiency, and enabling technologies.

Joseph LaCorte, AGI Index Committee Member, said, "The transformation
of the world's energy supply from fossil fuels to alternatives and
renewables could become the dominant economic driver of the 21st century.
The AGI is the bell-weather for that transformation."..cont'd

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