Nymex partners Ardour for alternative energy index futures and options
The New York Mercantile Exchange (Nymex) has signed an agreement with Ardour Global Indexes, a developer of benchmark indexes for the global alternative energy industry, to introduce alternative energy index futures and options contracts.
"The introduction of alternative energy indexes is an exciting initiative for Nymex,” says Nymex chairman Richard Schaeffer. “We have seen an interest in what we believe will be an expanding segment of the world's energy markets, and we strive to introduce innovative new products to the energy arena."
The Ardour Global Alternative Energy Indexes (AGI) were designed to serve as fair, impartial and transparent measures of the performance of the alternative energy industry. So far this year, the
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