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The 10x Group Announces Index Enhancements; Encourages Fellow Publishers to Follow the Lead.

Publication: Business Wire
Publication Date: 02-JUN-03
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Energy Editors/Business Editors

ATLANTA--(BUSINESS WIRE)--June 2, 2003

The 10x Group (10x), a leading provider of transaction-based market data for the North American OTC gas and power markets, is bringing further transparency to its indices.

On June 2, 10x will begin publishing the number of counterparties and the number of trades for each of its daily indices. 10x currently publishes the daily high, low, and index price and volume for 48 gas hubs and 9 power hubs. These indices represent the volume-weighted, average price of actual trades executed on the IntercontinentalExchange (ICE) platform - no subjective adjustments or editorial assessments are made.

"This unprecedented level of transparency, published in...

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