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Questions tagged [nymex]

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KatanaBladed KatanaBladed Fri Sep 20 2024 | 6 answers 1010

What is the difference between COMEX and NYMEX?

Could you please explain the fundamental differences between COMEX and NYMEX? As both are commodity exchanges, I'm curious about their unique offerings, trading instruments, and any notable distinctions in their operations or market focus. Additionally, how do these exchanges compare in terms of global reach and influence on commodity prices?

What is the difference between COMEX and NYMEX?

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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