NYMEX Mulls Merging Systems With Fellow CEC Exchanges
THIS WEEK'S LEAD STORIES
Plans for relocation of the Commodity Exchange Center from the World Trade Center may lead to unified systems for member exchanges, including a single clearing service, according to Z. Lou Guttman, chairman of the New York Mercantile Exchange.
One would think that the five exchanges, which engage in similar operations and are housed under the same roof, would have already combined at least some of their computer operations. But they are all separate, and futures commission merchants must contend
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