(EnergyAsia, July 19) — The New York Mercantile Exchange, Inc (NYMEX) and ICAP have announced that they will launch an electronic market in sameÐday overÐtheÐcounter (OTC) options on promptÐmonth settlement prices for crude oil and natural gas. Starting yesterday, 30-minute auctions were held in the morning of each NYMEX trading day. The service will…
MARKETS: NYMEX and ICAP to launch daily settlement derivatives on crude and natural gas prices
Posted on July 19, 2005 by EnergyAsia