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Nymex London lease official


New York Mercantile Exchange (Nymex) has signed a deal to lease floor space for its London Brent trading operation, although a spokesperson said that the exchange has yet to make a final application for Financial Services Authority (FSA) approval to open an exchange.

However, Nymex has submitted its final draft application for regulatory approval and expects final amendments and the full application to be submitted within days. A spokesperson told FO Week that a London opening could happen as soon as this summer - significantly...

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