New York Mercantile Exchange (Nymex) and Toronto Stock
Exchange (TSE) have been exploring a partnership that would
grant Nymex control of TSE's Natural Gas Exchange (NGX) in
return for a stake in the New York exchange.
The deal would reportedly give TSE 10% ownership of Nymex,
valued at $150m, and allow trading on the Canadian platform as
well as Nymex. TSE has become known for its listing of energy
and metals stocks, which would complement Nymex's energy and
metals futures trading.
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