Lynton Jones laments IPE's hesitation over electronic trading
Lynton Jones, the IPE’s former chief executive, tried hard to promote electronic trading in Brent futures. But those efforts met with strong resistance, he tells Mark Pengelly
Lynton Jones is the former chief executive of an exchange that no longer exists. The London-based International Petroleum Exchange (IPE), most famous for its flagship North Sea Brent crude oil futures contract, was taken over by Atlanta-based Ice in 2001. Jones himself left several years earlier, going to work for various other exchange companies and founding Bourse Consult – a UK-based exchange
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