Spread trading functionality on Globex, the platform
licensed from Chicago Mercantile Exchange (CME) by New York
Mercantile Exchange (Nymex), has enabled volume to pick up in
Nymex's cash settled Brent crude contract.
Brent contracts had been dormant at the exchange for some
time but were re-activated by the recent introduction of a
modified crude oil spread between physically delivered WTI and
Brent futures on Globex, beginning 25 September.
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