Some say criticism of the Brent benchmark is unwarranted, particularly as the third benchmark, Dubai crude, is more opaque, with declining production and only a small tradingvolume compared to Brent or WTI.
In the case of the most-active copper contract traded on the Comex division of the New York Mercantile Exchange, Tuesday was the first rise in nine trading sessions, although volume was small with electronic activity only as trading floors remained closed due to Hurricane Sandy.
Knight, through its relationships with trading platforms like Fidelity and TD Ameritrade, trades more funds and processes more trades than any other marketmaker and ranks second only to Merrill Lynch in published dollar tradingvolume.