ICE and Nybot merger complete

The deal provides ICE with a wholly owned clearinghouse, while enabling Nybot to offer its soft commodity contracts electronically. ICE announced that Nybot contracts would be listed for electronic trading on the platform from January 19, 2007 onwards.

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 c

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