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NYMEX Holdings, Inc., the parent company of the New York Mercantile Exchange, Inc. (NYMEX), and LCH.Clearnet Ltd today announced that they have signed a Heads of Terms to introduce a broad range of global energy products. 
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The New York Mercantile Exchange, the world's largest physical commodity exchange, and LCH.Clearnet, the leading independent central counterparty group in Europe, have aligned to better serve the energy marketplace. The agreement between NYMEX and LCH.Clearnet will offer to market participants two full product slates – one that clears at the NYMEX clearinghouse in New York and one that clears at LCH.Clearnet in London. Margin and other capital efficiencies will benefit all NYMEX and LCH.Clearnet customers.
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