Comex deal could see mini metals launch

New York Mercantile Exchange (Nymex) and its Comex division last week reached an agreement regarding Comex trading rights and electronic trading, a move that could open the door for the exchange to launch its e-mini base metals contracts as well as allowing side-by-side trading of its precious metals complex.

It was believed that Nymex Europe had designed a specification for electronically traded mini-sized contracts in copper, aluminium and zinc and had already been granted authorisation to launch the product, aimed at both...