NYMEX Looks Beyond Globex And Pilots ATS/2 System


Remaining true to its promise to explore automated trading alternatives to Globex (TST, June 19), the New York Mercantile Exchange has agreed to pilot the ATS/2 trading system developed by the International Commodities Clearing House, a U.K.-based software company.

The ICCH will supply the NYMEX with at least three versions of the ATS/2 system, including those used by the London Futures and Options Exchange (FOX) and the the Irish Futures and Options Exchange (IFOX). The ICCH will also customize

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