Comex Sets Fee Hike; CEC Data Union Hangs In Balance

CONTENT & FEES

The Commodity Exchange Inc. (Comex) has pushed its quest for increased data revenues -- and its battle with the three other Commodity Exchange Center (CEC) member exchanges -- one step farther. Having gotten no satisfaction on its demand for a larger slice of the CEC's revenue pie, on Oct. 28, the Comex sent a letter to the CEC announcing plans to raise its data fees in accordance with the CEC requirement that fee changes be announced 60 days in advance.

The move indicates that talks to keep