Optionable adds new listings
Energy brokerage Optionable is now listing contracts for crude oil, heating oil and gasoline through its Opex trading platform.
The new products join the existing natural gas derivative contracts already trading on the platform as the New York-based brokerage looks to expand its electronic listings. All contracts are cleared through Nymex’s ClearPort electronic trading and clearing platform.
Optionable chief executive Kevin Cassidy said the growing demand for electronic trading of natural gas contracts prompted the new electronic listings. “The live trading of over-the-counter crude oil, heating oil and gasoline
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