Agora-X launches OTC platform for energy and metals

The platform, which has provided agricultural trading facilities since December 2008, will allow for the clearing of trades for 'look-alike' contracts in energy, metals and certain indices, with clearing services provided by the CME.

Agora-X also has launched an electronic communications network (ECN - a trading system that collects, displays and executes orders electronically, without the need for a market maker) for negotiation of OTC contracts in agricultural and exempt commodities. Exempt

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