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Editorial - Beggars can’t be choosers

by Paul Francis-Grey

The Nymex members that have called for a special meeting to be arranged whereby they can argue over $2bn being swiped from their pockets after the deal to buy the exchange was cut to $9.4bn and not the $11.2bn it was originally priced at back in January should be grateful to receive such a sum.

In the past quarter exchanges...

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