Daytime screen volume on New York Mercantile Exchange
(Nymex)'s Globex system, licensed from Chicago Mercantile
Exchange, has doubled since the 12 June launch but still
represented a small proportion of electronic energy
Volume had risen to a high of 140,380 across all contracts
on 20 July compared to the 62,695 traded on its first day.
However, volume on Globex has failed to reach as much as 25% of
the total electronic energy market across Nymex and rival
Intercontinental Exchange (ICE)'s exchange traded futures arm,
This article is available exclusively to subscribers
Please log in to continue reading.
Not yet a subscriber?
Click here to take a free trial.
Already have an account? |
Please fill in your details below and a customer service representative will contact you.