The chief executive of New York Mercantile Exchange
(Nymex)'s European headquarters, Andy Gooch has quit the
exchange after choosing not to renew his original one year
Gooch's departure comes barely a month after Nymex decided
to de-list as a European-listed operation after 16 months of
poor activity (see FO Week Vol 12 No 4). Though Nymex
said it intends to remain committed to its European office in
London, using it to develop new products geared towards the
European marketplace, the latest movements at the top have led
some observers to doubt Nymex's focus in London. Nymex could
not be reached for comment.
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