Nymex to join ConfirmHub
Nymex Holdings has executed a letter of intent to join other market players in support of the ConfirmHub standard, which allows energy traders and back offices to receive their Nymex brokered and bilateral over-the-counter cleared trades, as well as their futures and OTC trades, on a single confirmation platform.
Amerex, GFI Group, ICAP Energy, Tullett Prebon Energy, TFS Energy and Spectron are among the institutions already supporting ConfirmHub. Nymex executive chairman Richard Schaeffer says:
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