CME to combine trading pits
The Chicago Mercantile Exchange (CME) is to combine its energy and metals trading floors, in line with an integration plan put in place after its August 2008 acquisition of the New York Mercantile Exchange (Nymex).
The move, which will see all metals contracts move to the energy trading floor, will be preceded by mock trading sessions designed to allow participants to familiarise themselves with the new trading environment.
Beginning on April 6, the RBOB and heating oil futures pits will move to
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