Does commodities floor trading have a future?

Does the floor have a future?

Old-style desk calendar

It was only a few years ago that hundreds of traders were shouting, shoving and jockeying for position in the trading pits of the New York Mercantile Exchange, or Nymex, the world’s top marketplace for energy derivatives. But ever since Nymex introduced round-the-clock electronic trading in 2006 – a move bitterly resisted by floor traders – volumes have ebbed away from the pits to the screen. That has led pundits and market participants to repeatedly proclaim the death of the Nymex floor, whose

To continue reading...

You must be signed in to use this feature.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: