Volumes at New York Mercantile Exchange (Nymex)'s Brent
trading pit in Dublin have failed to pick up so far in 2005,
having seen limited success since their launch at the start of
Daily volumes in Dublin averaged 1,620 last year, while
floor volume at International Petroleum Exchange (IPE) was at
least thirty times that amount. The situation has worsened for
the New York exchange this year, volume having broken the 2,000
mark only once and dipping as low as 75 contracts on 7
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