Editorial - Last orders
11 Apr 2005
The closure of the trading floor at IPE has a wider significance than the ongoing battle for Brent. Slowly but surely, the last vestiges of open outcry trading are vanishing: with Liffe gone, CBoT and CME dwindling and now IPE going electronic, only Nymex is left amongst the largest futures exchanges as the standard bearer of the pits. Even Nymex admits that...
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