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Skip Navigation LinksHome : Latest News : Nymex, Nybot license OnExchange clearing tech

Nymex, Nybot license OnExchange clearing tech

16 Jun 2003

New York Mercantile Exchange (Nymex) and New York Board of Trade (Nybot) have both licensed clearing software from US technology firm OnExchange, a move which could lead to common clearing between the two exchanges.

Nybot plans to move all its clearing functions onto the new system from a 20-year old legacy system by year end. Nymex,...

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