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Murray Opens Trading At NYMEX

by Staff Writer / San Jose Sharks

Sharks fans know defenseman Doug Murray for ringing the bell of many NHL forwards thanks to his bone-crushing hits. On June 7, Murray rang a different sort of bell as an invited guest at the New York Mercantile Exchange.


The rookie defenseman rang the opening bell Wednesday morning, signifying the start of the trading day for a specific commodity.

“They had a big billboard up that said ‘NYMEX welcomes Doug Murray,’ so that was pretty nice of them,” said Murray. “I rang the bell then the trading went loose. It’s a cool scene. They stand in a big pit and they’re yelling and giving signs like baseball managers. It was a great experience.”

Murray became interested in the opportunity because of his friend and former roommate.

“The family I stayed with when I first came over here for high school has a son that trades on the market,” he said. “He told the head people there about me and how I played for the Sharks and they asked if I would like to ring the bell. I rang the opening bell for unleaded gas and the author of ‘Rich Dad, Poor Dad,’ (Robert Kiyosaki) rang the bell for crude oil.”

The New York Mercantile Exchange is the world's largest physical commodity futures exchange and the preeminent trading forum for energy and precious metals. The wide array of trading markets provided by the Exchange include futures and options contracts for crude oil, gasoline, heating oil, natural gas, electricity, gold, silver, copper, aluminum and platinum; futures contracts for coal, propane and palladium; and options contracts on the price differentials between crude oil and gasoline, crude oil and heating oil, Brent and West Texas Intermediate crude oil, and various futures contract months (calendar spreads) for light, sweet crude; Brent crude; gasoline; heating oil; and natural gas.

Murray made his NHL debut during the 2005-06 season. The Stockholm, Sweden native appeared in 34 games registering one assist. The first-year blueliner finished third on the team and 10th among League rookies with 110 hits, despite playing in less than half of the team’s games.




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