Playing hardball



The New York Mercantile Exchange's (Nymex) announcement in December that it is moving into soft commodities has caused a bit of a stir. The decision to launch six soft commodity futures contracts on its ClearPort clearing and trading platform, to be followed by an electronic listing on the Chicago Mercantile Exchange's (CME) Globex platform in January, puts it in direct competition with the New York Board of Trade's (Nybot) flagship soft commodity products. In doing so, it's ruffled more tha

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