Nybot members support ICE merger

Members of the New York Board of Trade (Nybot) have voted overwhelmingly in favour of a proposed merger with IntercontinentalExchange (ICE).

In a special meeting held on December 11,2006, 93% of Nybot members voted in favour of the proposed merger. If approved by regulatory bodies, the deal will grant the soft commodity exchange access to ICE's electronic trading platform, while ICE will bolster its commodity portfolio with Nybot-traded products such as cocoa and coffee.

A vote of approval

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