Nymex, TSE discuss partnership

12 Jun 2006

New York Mercantile Exchange (Nymex) and Toronto Stock Exchange (TSE) have been exploring a partnership that would grant Nymex control of TSE's Natural Gas Exchange (NGX) in return for a stake in the New York exchange.

The deal would reportedly give TSE 10% ownership of Nymex, valued at $150m, and allow trading on the Canadian...

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“At this point in time, we will not be supporting this [parliamentary] inquiry. But we put it on notice that in a future time, which we envisage will be in the next four weeks or so, we will, unless Wayne Swan does the bleeding obvious and stops this going forward,”

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