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NYSE Euronext to store up energy


NYSE Euronext will look to acquire a US energy exchange in the wake of Intercontinental Exchange (ICE)’s failed bid for Chicago Board of Trade (CBoT), sources have suggested.Chief executive John Thain has said that the only way for his exchange to build is to acquire and energy exchanges New York Mercantile Exchange (Nymex) and ICE look to be in the firing line.“It's very difficult to compete head to head in existing contracts, so I think if we're going...

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