New York Mercantile Exchange Wants Bigger Slice Of CEC Ticker Revenue

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The New York Mercantile Exchange is attempting to renegotiate the distribution of revenue generated by the common ticker system it shares with the other New York commodity exchanges. The NYMEX, which is the largest commodity exchange in New York in terms of volume, says the present agreement is inequitable.

A separate feed for energy prices is a possibility if the exchanges' revenue-sharing agreement isn't renegotiated to the NYMEX's satisfaction. In 1989, the exchange's crude-oil futures con