Screen sparks IPE Brent fund interest

Liquidity in International Petroleum Exchange's (IPE) all-electronic Brent crude oil contract has piqued the interest of managed futures funds and spurred increased activity at proprietary firms and trading arcades.

Proprietary trading house Saxon Financials' Nick Collison said that his firm has instituted a special training programme for trading electronically on IPE, and claimed that since the exchange moved to the screens Saxon has increased its trading...