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Merc, CheMatch.com do b-to-b

Published on .

Chicago--The Chicago Mercantile Exchange entered the Net market arena with an exclusive agreement with CheMatch.com, Houston, to jointly develop and market co-branded futures and options products. It's the Merc's first b-to-b deal, and could pay off if the old-economy futures exchange and new-economy Net market can leverage their respective strengths. The new products will trade on the Merc's Globex2 electronic trading system. CheMatch buyers will link into the systems from the company's market site.
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