21. Nearly all commodity exchanges in New York were closed Monday. 22. News of the Sumitomo scandal rocked the global copper market and triggered investigations into trading practices on commodities exchanges worldwide. 23. New York commodity exchanges remain closed the day after Thanksgiving. 24. On commodity exchanges, heating oil futures rose as frigid temperatures boosted demand at a time when inventories are already light, traders said. 25. Oil and gas producers gained as crude oil futures jumped to six-month highs on the commodity exchange in New York before retreating later in the day. 26. Some will represent industry associations, commodities exchanges, lenders and financiers. 27. Targets of the investigation also include securities exchanges, securities pricing systems and commodities futures exchanges, the ministry said. 28. That, the CBOT said, could eliminate rules that require government-bond futures or options to be traded on recognized commodity exchanges. 29. The announcement is the latest step in a long courtship between the two commodity exchanges as they try to cut costs and find modern trading facilities. |