Traders I talked to on the floor of the New York Mercantile Exchange today were rather somber: not because oil futures saw the biggest dollar drop in 17 years but because those who own NYMEX shares watched the stock tank about 10 percent today.
Still--many traders were at least relieved they will still have a trading floor to come to after the CME Group acquires NYMEX Holdingsi n a $9.4 billion dollar deal that's expected to close in the fourth quarter.