CORE DUMP
CORE DUMP
Big news from the FIA show in Boca: Globex partners announced that four New York commodity exchanges -- the Commodity, Coffee, Sugar & Cocoa, New York Futures and New York Cotton exchanges -- plan to participate in their proposed futures trading system. NYMEX is also eager to participate. Not.
At the FIA, Globex Corp. chairman Leo Melamed said he expects the system to go live this year. Rumor has it that a 250-position re-test of the system, after tests failed earlier this month, will take
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