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New York Mercantile Exchange
The New York Mercantile Exchange (NYMEX) is a commodity futures exchange owned and operated by CME Group of Chicago. NYMEX is located at One North End Avenue in Brookfield Place in the Battery Park City section of Manhattan, New York City. The company's two principal divisions are the New York Mercantile Exchange and Commodity Exchange, Inc (COMEX), once separately owned exchanges. NYMEX traces its history to 1882 and for most of its history, as was common of exchanges, it was owned by the members who traded there. Later, NYMEX Holdings, Inc., the former parent company of the New York Mercantile Exchange and COMEX, went public and became listed on the New York Stock Exchange on November 17, 2006, under the ticker symbol NMX. On March 17, 2008, Chicago based CME Group signed a definitive agreement to acquire NYMEX Holdings, Inc. for $11.2 billion in cash and stock and the takeover was completed in August 2008. Both NYMEX and COMEX now operate as designated contract markets ( ...
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CME Group
CME Group Inc. (Chicago Mercantile Exchange, Chicago Board of Trade, New York Mercantile Exchange, The Commodity Exchange) is an American global markets company. It is the world's largest financial derivatives exchange, and trades in asset classes that include agricultural products, currencies, energy, interest rates, metals, stock indexes and cryptocurrencies futures. The company offers futures contracts and options on futures using its CME Globex trading platforms, fixed income trading via BrokerTec and foreign exchange trading on the EBS platform. In addition, it operates a central counterparty clearing provider, CME Clearing. With a range of pre- and post-trade products and services underpinning the entire lifecycle of a trade, CME Group also offers optimization and reconciliation services through TriOptima, and trade processing services through Traiana. The company has been described by ''The Economist'' as, "The biggest financial exchange you have never heard of". In 2 ...
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Commodity Futures Trading Commission
The Commodity Futures Trading Commission (CFTC) is an independent agency of the US government created in 1974 that regulates the U.S. derivatives markets, which includes futures, swaps, and certain kinds of options. The Commodity Exchange Act (CEA), ''et seq.'', prohibits fraudulent conduct in the trading of futures, swaps, and other derivatives. The stated mission of the CFTC is to promote the integrity, resilience, and vibrancy of the U.S. derivatives markets through sound regulation. After the financial crisis of 2007–08 and since 2010 with the Dodd–Frank Wall Street Reform and Consumer Protection Act, the CFTC has been transitioning to bring more transparency and sound regulation to the multitrillion dollar swaps market. History Futures contracts for agricultural commodities have been traded in the U.S. for more than 150 years and have been under federal regulation since the 1920s. The Grain Futures Act of 1922 set the basic authority and was changed by the Commo ...
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Cheese
Cheese is a dairy product produced in wide ranges of flavors, textures, and forms by coagulation of the milk protein casein. It comprises proteins and fat from milk, usually the milk of cows, buffalo, goats, or sheep. During production, milk is usually acidified and the enzymes of either rennet or bacterial enzymes with similar activity are added to cause the casein to coagulate. The solid curds are then separated from the liquid whey and pressed into finished cheese. Some cheeses have aromatic molds on the rind, the outer layer, or throughout. Over a thousand types of cheese exist and are produced in various countries. Their styles, textures and flavors depend on the origin of the milk (including the animal's diet), whether they have been pasteurized, the butterfat content, the bacteria and mold, the processing, and how long they have been aged. Herbs, spices, or wood smoke may be used as flavoring agents. The yellow to red color of many cheeses is produced by add ...
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Butter
Butter is a dairy product made from the fat and protein components of churned cream. It is a semi-solid emulsion at room temperature, consisting of approximately 80% butterfat. It is used at room temperature as a spread, melted as a condiment, and used as a fat in baking, sauce-making, pan frying, and other cooking procedures. Most frequently made from cow's milk, butter can also be manufactured from the milk of other mammals, including sheep, goats, buffalo, and yaks. It is made by churning milk or cream to separate the fat globules from the buttermilk. Salt has been added to butter since antiquity to help to preserve it, particularly when being transported; salt may still play a preservation role but is less important today as the entire supply chain is usually refrigerated. In modern times salt may be added for its taste. Food colorings are sometimes added to butter. Rendering butter, removing the water and milk solids, produces clarified butter or '' ghee'', wh ...
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Dairy
A dairy is a business enterprise established for the harvesting or processing (or both) of animal milk – mostly from cows or buffaloes, but also from goats, sheep, horses, or camels – for human consumption. A dairy is typically located on a dedicated dairy farm and milk or in a section of a multi-purpose farm (mixed farm) that is concerned with the harvesting of milk. As an attributive, the word ''dairy'' refers to milk-based products, derivatives and processes, and the animals and workers involved in their production: for example dairy cattle, dairy goat. A dairy farm produces milk and a dairy factory processes it into a variety of dairy products. These establishments constitute the global dairy industry, part of the food industry. Terminology Terminology differs between countries. In the United States, for example, an entire dairy farm is commonly called a "dairy". The building or farm area where milk is harvested from the cow is often called a "milking parlor" or "p ...
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Train Station
A train station, railway station, railroad station or depot is a railway facility where trains stop to load or unload passengers, freight or both. It generally consists of at least one platform, one track and a station building providing such ancillary services as ticket sales, waiting rooms and baggage/freight service. If a station is on a single-track line, it often has a passing loop to facilitate traffic movements. Places at which passengers only occasionally board or leave a train, sometimes consisting of a short platform and a waiting shed but sometimes indicated by no more than a sign, are variously referred to as "stops", "flag stops", " halts", or "provisional stopping places". The stations themselves may be at ground level, underground or elevated. Connections may be available to intersecting rail lines or other transport modes such as buses, trams or other rapid transit systems. Terminology In British English, traditional terminology favours ''railway st ...
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Port
A port is a maritime facility comprising one or more wharves or loading areas, where ships load and discharge cargo and passengers. Although usually situated on a sea coast or estuary, ports can also be found far inland, such as Hamburg, Manchester and Duluth; these access the sea via rivers or canals. Because of their roles as ports of entry for immigrants as well as soldiers in wartime, many port cities have experienced dramatic multi-ethnic and multicultural changes throughout their histories. Ports are extremely important to the global economy; 70% of global merchandise trade by value passes through a port. For this reason, ports are also often densely populated settlements that provide the labor for processing and handling goods and related services for the ports. Today by far the greatest growth in port development is in Asia, the continent with some of the world's largest and busiest ports, such as Singapore and the Chinese ports of Shanghai and Ningbo- ...
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Hudson Street (Manhattan)
Hudson Street is a north–south oriented street in the New York City borough of Manhattan running from Tribeca to the south, through Hudson Square and Greenwich Village, to the Meatpacking District. Route and landmarks Hudson Street has two distinct one-way traffic patterns that meet at Abingdon Square, at the street's intersection with Eighth Avenue and Bleecker Street. The southern portion of Hudson Street carries northbound traffic and begins at the intersection of West Broadway and Chambers Street. At Abingdon Square, the traffic is directed onto Eighth Avenue. Meanwhile, the section of Hudson Street north of Abingdon Square runs from 14th Street to Eighth Avenue. At 14th Street, southbound traffic from Ninth Avenue splits off into this street. Just below 14th Street, it is one of the major streets in the Meatpacking District. At Abingdon Square, traffic on Hudson Street goes into Bleecker Street. 60 Hudson Street, the former Western Union headquarters that l ...
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Herman J
Herman may refer to: People * Herman (name), list of people with this name * Saint Herman (other) * Peter Noone (born 1947), known by the mononym Herman Places in the United States * Herman, Arkansas * Herman, Michigan * Herman, Minnesota * Herman, Nebraska * Herman, Pennsylvania * Herman, Dodge County, Wisconsin * Herman, Shawano County, Wisconsin * Herman, Sheboygan County, Wisconsin Place in India * Herman (Village) Other uses * ''Herman'' (comic strip) * ''Herman'' (film), a 1990 Norwegian film * Herman the Bull, a bull used for genetic experiments in the controversial lactoferrin project of GenePharming, Netherlands * Herman the Clown ( fi, Pelle Hermanni), a Finnish TV clown from children's TV show performed by Veijo Pasanen * Herman's Hermits, a British pop combo * Herman cake (also called Hermann), a type of sourdough bread starter or Amish Friendship Bread starter * ''Herman'' (album) by 't Hof Van Commerce See also * Hermann (other) * Arman ( ...
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Houston Street (Manhattan)
Houston Street ( ) is a major east–west thoroughfare in Lower Manhattan in New York City. It runs the full width of the island of Manhattan, from FDR Drive along the East River in the east to the West Side Highway along the Hudson River in the west. The street is divided into west and east sections by Broadway. Houston Street generally serves as the boundary between neighborhoods on the East Side of Manhattan— Alphabet City, the East Village, NoHo, Greenwich Village, and the West Village to the north, and the Lower East Side, most of the Bowery, Nolita, and SoHo to the south. The numeric street-naming grid in Manhattan, created as part of the Commissioners' Plan of 1811, begins immediately north of Houston Street with 1st Street at Avenue A. The street's name is pronounced "", in contrast to the city of Houston, Texas, whose name is pronounced "". The street was named for William Houstoun, while the city was named for Sam Houston. Description At its east ...
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Bleecker Street (Manhattan)
Bleecker Street is an east–west street in the New York City borough of Manhattan. It is most famous today as a Greenwich Village nightclub district. The street connects a neighborhood today popular for music venues and comedy, but which was once a major center for American bohemia. The street is named after the family name of Anthony Lispenard Bleecker, a banker, the father of Anthony Bleecker, a 19th-century writer, through whose family farm the street ran. Bleecker Street connects Abingdon Square (the intersection of Eighth Avenue and Hudson Street in the West Village) to the Bowery and East Village. History Bleecker Street is named by and after the Bleecker family because the street ran through the family's farm. In 1808, Anthony Lispenard Bleecker and his wife deeded to the city a major portion of the land on which Bleecker Street sits. Originally Bleecker Street extended from Bowery to Broadway, along the north side of the Bleecker farm, later as far west as ...
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Broadway (Manhattan)
Broadway () is a road in the U.S. state of New York. Broadway runs from State Street at Bowling Green for through the borough of Manhattan and through the Bronx, exiting north from New York City to run an additional through the Westchester County municipalities of Yonkers, Hastings-On-Hudson, Dobbs Ferry, Irvington, and Tarrytown, and terminating north of Sleepy Hollow.There are four other streets named "Broadway" in New York City's remaining three boroughs: one each in Brooklyn ( see main article) and Staten Island, and two in Queens (one running from Astoria to Elmhurst, and the other in Hamilton Beach). Each borough therefore has a street named "Broadway". See also from Forgotten NY: Broadway in the Bronx, Page 1anPage 2Broadway in Queens, Page 1anPage 2Broadway in Staten Island It is the oldest north–south main thoroughfare in New York City, with much of the current street beginning as the Wickquasgeck trail before the arrival of Europeans. This formed the ...
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