New York Mercantile Exchange (Nymex)'s new trading and
clearing network has got off to a modest start, with some 250
Henry Hub swaps contracts traded during the first week and a
number of contracts posted to the system as
The exchange said it considered this a "very positive start"
for the Nymex ClearPort technology network. "There is a great
deal of functionality still to come," said an exchange
spokesperson, "and we feel confident that it will become more
and more valuable to the industry over time, in similar fashion
to almost all of the initiatives we have recently
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