ICE will establish ceiling on fees in commodity market

03/10/2013 | Wall Street Journal, The

IntercontinentalExchange has pledged to keep fees steady over the next five years on a number of commodity-derivative contracts that compete with those run by its prospective merger partner, NYSE Euronext. The decision is intended to ease the concerns of some merchandisers and buyers that the combined exchange would abuse its control over the trading of such commodities as cocoa, coffee and sugar.

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Wall Street Journal, The

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