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Tellin_Fibs

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Tellin_Fibs

Re: None

Friday, 08/28/2015 7:56:33 AM

Friday, August 28, 2015 7:56:33 AM

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The NYMEX has created a clearing mechanism for a slate of commonly traded OTC energy derivatives which allows counterparties of many bilateral OTC transactions to mutually agree to transfer the trade to ClearPort, the exchange's clearing house, thus eliminating credit and performance risk of the initial OTC transaction counterparts.
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