New York's Exchanges May Go Regional, Following Globex Snafus
THIS WEEK'S LEAD STORIES
With the New York Mercantile Exchange leading the way, New York's restive community of futures exchanges -- deprived of any news of the final status of the Globex electronic futures-trading system may soon start to install their own electronic trading systems instead.
How serious the exchanges are -- in particular, the NYMEX -- remains to be seen. Some in the industry suspect that regional systems are a bargaining chip that the smaller exchanges are exercising to regain some leverage with their
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