Nymex sues Ice as battle for market supremacy mounts
The New York Mercantile Exchange (Nymex) is suing IntercontinentalExchange (Ice), the Atlanta-based online commodities trading platform, for alleged copyright infringement, a Nymex spokeswoman told RiskNews . Nymex and Ice have been fighting for dominancy in the energy trading markets ever since Enron’s bankruptcy.
Nymex has asked for an injunction to stop Ice using the settlement prices, and is seeking damages.
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