Nymex admits defeat as it de-lists Globex softs

New York Mercantile Exchange (Nymex) has de-listed two of its electronically traded softs contracts after dismal volumes and a lack of customer interest.

The exchange has been forced into dropping its sugar No 14 and frozen concentrated orange juice (FCOJ) contracts from Chicago Mercantile Exchange (CME)'s Globex trading platform after six months of miserable trading volumes.

Nymex launched cash settled contracts on coffee, cotton, FCOJ sugar No...