Nymex Holdings, the parent company of the New York Mercantile Exchange, is set to raise up to $358.8m (€281m) from its planned initial public offering, should the deal price at the top of the indicated range.

Nymex is selling 4.89 million shares and stockholders are selling 1.11 million shares, according to a filing with the Securities and Exchange Commission, plus and over allotment option of 600,000 shares.