A recent report by Forrester Research on the impending demise of independent trading exchanges doesn’t impress Altra Energy Technologies CEO Paul Bourke, who told NGI there are a few items the researchers overlooked in their race to endorse exchanges sponsored by the New York Mercantile Exchange and by companies trading in the market.
Impress
Articles from Impress
Storm Threat Fails to Impress Softer Cash Markets
Overall the cash market Thursday decided one bearish storagereport in the hand was worth more than two tropical storms in thebush. But although nearly all points checked in as flat to downabout a nickel, sources said the softness probably would have beenquite a bit greater if it hadn’t been for September’s thirdstraight weekly storm threat to Gulf of Mexico production,especially in light of the screen’s nickel-plus drop.
September 18, 1998
Listen to the latest episode of our newest podcast NGI's Hub and Flow via:
