ICE and Nybot merger complete
The merger between electronic energy trading platform IntercontinentalExchange (ICE) and the New York Board of Trade (Nybot) is complete. The soft commodity exchange is now a wholly owned subsidiary of ICE as part of a for-profit, publicly traded corporation.
Nybot chairman Frederick Schoenhut said that the merger created “a premier global commodity marketplace”. Under the deal, he and fellow Nybot director Terrence Martell will now join the ICE board of directors.
The merger means that Nybot will
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