Nymex recently lost its spot as the world's largest energy platform to Moex
The Chicago Mercantile Group is to extend its incentives
program on two Brent contracts traded on its Nymex platform
The incentive programs on the CME’s Commercial
Brent Spread and the Brent Last Day Financial Futures contracts
will be extended for a year to December 31 2017.
The fee discount incentive program on the Brent Last Day
Financial Futures contract started at the beginning of July
this year. The contract traded 404 times in September this
year, according to Euromoney TradeData, a 58% drop compared to
the same month in 2015 and only a fraction what the contract
had traded earlier that year and in 2014.
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