Monday's slide of the Egyptian pound came on the second day of trading under a new dollar auction system aimed at regulating the devaluation.

MSN: Egypt's pound slips further against dollar

If a second-rate exchange is first to attract a critical mass of trading, even a better trading system may fail to wrest business away.

ECONOMIST: E-commerce

Floor trading volume dropped by half in the second quarter compared with last year, when Nymex agreed to start trading its contracts on the Merc's Globex electronic system.

FORBES: Trading Partners