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Nymex Eyes Nybot's eCops

FRONT PAGE: CYBER-TRADING TECHNOLOGIES

NEW YORK—The New York Mercantile Exchange (Nymex) is evaluating the costs and benefits of using the Electronic Commodity Operations and Processing System (eCops) from the New York Board of Trade (Nybot) against building an internal metals delivery system, a Nymex official tells DWT.

Nymex and Nybot officials recently signed a memorandum of understanding (MOU) "to explore the possible use of the Nybot eCops for Nymex commodities." Sam Gaer, chief information officer (CIO) of Nymex in New York and

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