Ballpark

Heavy Hitters Take OTC Commodity Trading to the Net

A gang of heavy-hitters hopes to take global over-the-counter(OTC) trading of energy, metal and other commodities to a whole newballpark — the Internet, where liquidity is expected to be big.Last week’s announcement of the plan was followed by a relatedupset of Nymex board members and speculation that others will befollowing the group’s lead.

March 27, 2000