Party

Nymex Still Waiting for Contracts to be Electrified

If the Nymex electricity futures contracts were a party, by nowthe chips would be stale and the drinks flat, with only a handfulof guests having shown. Despite much fanfare over their respectivelaunchings, the New York Mercantile Exchange’s five electricitycontracts have largely languished for lack of activity.

July 23, 1999
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