Latest Financial & Energy Exchange Limited Stories

2008-07-15 00:00:26

SYDNEY, Australia, July 14 /PRNewswire/ -- Sydney based Financial & Energy Exchange (FEX) is the latest exchange to choose Argus Media's price indices to settle traded and over-the-counter coal contracts(1). Open positions in FEX coal contracts will be settled in reference to the Argus Newcastle index, which is based on the price of coal loading at the Australian port. The Argus fob Newcastle price is published in Argus Coal Daily International, which provides benchmark assessments for...

Word of the Day
  • The hard inner (usually woody) layer of the pericarp of some fruits (as peaches or plums or cherries or olives) that contains the seed.
This word comes from the Greek 'endon,' in, within, plus the Greek 'karpos', fruit.