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CME secures Canadian oil index swap rights
13 May 2010
CME Group has bought the right to offer cleared over the counter swaps based on Net Energy’s Canadian Daily Index for Western Canadian Select Heavy grade crude oil. The group will offer cash-settled swaps on its Nymex trading floor, with clearing through its ClearPort clearing service
Read more:
[CME]
[Net Energy]
[oil index]
[Western Canadian Select Heavy]
[ClearPort]
[Nymex]
The bourse plans to offer a...
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