This would be welcome news. We might get some overnight stops that actually get executed.
Jan. 19 (Bloomberg) -- The New York Mercantile Exchange, the world's largest energy market, may shift electronic trading of its oil, natural-gas and gasoline contracts to the more widely used Globex system of the Chicago Mercantile Exchange.
The Nymex board has formed a subcommittee that is considering using the CME's Globex, the biggest electronic- trading system for interest-rate futures contracts, to replace its Access system for after-hours trading of energy futures, according to two people briefed on the matter who declined to be identified because the deliberations are private.
Jan. 19 (Bloomberg) -- The New York Mercantile Exchange, the world's largest energy market, may shift electronic trading of its oil, natural-gas and gasoline contracts to the more widely used Globex system of the Chicago Mercantile Exchange.
The Nymex board has formed a subcommittee that is considering using the CME's Globex, the biggest electronic- trading system for interest-rate futures contracts, to replace its Access system for after-hours trading of energy futures, according to two people briefed on the matter who declined to be identified because the deliberations are private.