Showing posts with label NYMEX. Show all posts
Showing posts with label NYMEX. Show all posts

Thursday, July 12, 2007

Natural gas trader sues hedge fund Amaranth

(Reuters) - "When defendants' unlawful scheme of highly leveraged
trading collapsed in September 2006, the price of natural gas
and natural gas futures contracts traded on NYMEX experienced
an almost unprecedented drop," the complaint alleged.




"Defendants' manipulative trading caused traders of natural
gas futures contracts, including plaintiff, to suffer
substantial losses," it said.


Read more at Reuters.com Government Filings News

Friday, June 15, 2007

CME says not in merger talks with NYMEX

(Reuters) - Earlier on Friday, a news agency reported that NYMEX is exploring a sale for about $14.3 billion.




The report on the Web site of news agency Bloomberg said NYMEX executives have met counterparts at three potential suitors -- NYSE Euronext , Deutsche Boerse AG and the Chicago Mercantile Exchange.


Read more at Reuters.com Bonds News