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Nymex eyes Budapest for futures market |
The New York Mercantile Exchange on Tuesday added Budapest to the list of cities where it plans to set up a crude oil futures market.
Nymex, the Budapest Stock Exchange and the Budapest Commodity Exchange signed a memorandum of understanding about developing the first futures contract underpinned by the Russian Urals blend, to be traded in the Hungarian capital.
Source: FT.com
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20.04.2005
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