Full marks

- Roderick Bruce
- 06 Jul 2009

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Michel Marks, former chairman and board member of Nymex, tells Roderick Bruce about his role in taking the exchange from small potatoes to cross-commodity powerhouse

Michel Marks became chairman of New York Mercantile Exchange (Nymex) in 1978 at the age of 28, and oversaw the exchange's evolution from an ailing potato futures trading venue with an annual budget of $1 million to the platform hosting the world's most actively traded energy contracts, for which CME Group paid $9.6 billion in

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