Nymex seat price hits record $2.5m

A seat on the New York Mercantile Exchange, the US futures exchange considering a float, sold yesterday for a record $2.485m (€2m), up 25% from the previous peak.

Nymex would not reveal who bought the seat, or who sold it.

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Jamie Dimon Says Private Credit Is Dangerous—and He Wants JPMorgan to Get In on ItExternal link

Jamie Dimon Says Private Credit Is Dangerous—and He Wants JPMorgan to Get In on It