NASDAQ OMX To Launch Energy Derivatives To Compete With ICE, CME
….NASDAQ OMX is one of the most well-diversified global stock market operators, with trading products ranging from equities, derivatives, exchange traded funds and fixed income products. The company currently offers equity trading, equity derivatives and fixed income products in the U.S. NASDAQ’s management made the decision to start offering energy futures and options due to the vast potential in the domain, in which ICE and CME enjoy a near duopoly. The company intends to bring down the present “monopolistic environment” by offering better prices and clearing services.