Manor

Throwing its hat into the crowded electronic energy trading arena, Briarcliff Manor, NY-based Optionable Inc., a provider of natural gas and other energy derivatives brokerage services, announced last week that it has commenced trading on its OPEX platform. OPEX is a real-time electronic trade matching and brokerage system that has been certified to connect with the Nymex ClearPort clearing platform.

Throwing its hat into the crowded electronic energy trading arena, Briarcliff Manor, NY-based Optionable Inc., a provider of natural gas and other energy derivatives brokerage services, announced Tuesday that it has commenced trading on its OPEX platform. OPEX is a real-time electronic trade matching and brokerage system that has been certified to connect with the Nymex ClearPort clearing platform.

Trading at Nymex yesterday continued in the choppy, range-boundmanor that has plagued the market for most of November. Againtraders lamented the lack of a clear direction or price trend inthe futures pit. The December contract was held to a tight, 6-centtrading range and settled at $2.394 after never fully recoveringfrom a lower opening.