Intercontinental Exchange (ICE) has won its copyright
infringement case over New York Mercantile Exchange (Nymex)
regarding the use of Nymex settlement prices.
US District Court for Southern District of New York ruled in
favor of ICE on 30 September, refuting infringement claims by
Nymex regarding ICE's use of settlement prices for Nymex's
Henry Hub natural gas and light, sweet crude oil and other
related Nymex trademarks in its OTC derivatives contracts.
The judge found that Nymex's settlement prices were not
copyrightable works and further ruled that ICE did not infringe
on Nymex's publicly available settlement prices in its OTC
contracts. Nymex said it will appeal the decision.
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