Saturday, 26 February 2011
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New York's ICE Exchange Moves To Quash Sugar Price Spikes
LONDON -(Dow Jones)- The U.S.'s InterContinental Exchange (ICE) said Thursday that from next week it will resume the use of its "implied matching engine" in a bid to reduce price volatility in the market. In a notice posted on its website, the exchange said it plans to cancel trades in its raw sugar futures market that fall "outside an acceptable price range" in the event of a price spike from
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