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.
Hopes
Articles from Hopes
CapacityCenter.com Expands, Adds Services
CapacityCenter.com announced two new services and what it hopesis an improved, user-friendly interface yesterday.
Maritimes Hopes Indian Dispute Won’t Delay Service
A Nov. 1 target went by without a start on deliveries to thenortheastern United States by the new Maritimes & NortheastPipeline (M&NP), but it says there is no real delay and thetiming has nothing to do with a last-minute tangle with Indiansbefore the National Energy Board.
KCBT Converting Western Contract to Basis
In a move it hopes will boost liquidity on its western gasfutures contract, The Kansas City Board of Trade (KCBT) filedFriday with the Commodity Futures Trading Commission (CFTC) toconvert the contract from flat-price to basis. The exchange plansto begin trading basis futures with the February 2000 contractmonth upon CFTC approval. The expected start date of basis futuresis Nov. 29.
Politicians Favor East-West Canadian Connection
A revival is in the works for decades-old hopes to fill in themissing link in the Canadian natural gas pipeline grid byconnecting the Atlantic region with the rest of the country.
Politicians Favor East-West Canadian Connection
A revival is in the works for decades-old hopes to fill in themissing link in the Canadian natural gas pipeline grid byconnecting the Atlantic region with the rest of the country.
Duke to Send Sawgrass Pipeline into Florida
Two would go by sea, and now one would travel on land, makingfor three brand new pipeline projects targeting the Floridapeninsula and the state’s substantial growth in power generationgas demand.
SoCalGas to Expand Online Retail Energy System
Attempting to reach energy consumers on both coasts, SouthernCalifornia Gas Co. said Thursday it hopes to offer its Internetmarketplace to customers in New York, Massachusetts, Illinois,Pennsylvania, and Georgia in the very near future. The expansionwas announced as part of the formal launching of power trading onthe company’s energy market web site, www.energymarketplace.com.