Six months of BOX

16 Aug 2004

Boston Options Exchange (BOX) has completed its first six months of operation with over 6.8m contracts traded. Over 700,000 of those were traded in the controversial PIP (price improvement period) auction. BOX...

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“One of our key predictions for 2011 was that geopolitical tensions will simmer more vigorously this year, particularly in the context of a market in which incremental non-Opec volumes are becoming more difficult to bring on stream and in which Opec spare capacity gets more noticeably stretched.”

BarCap's 2011 oil outlook looks increasingly accurate.