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Elx
/ eltʃ /
Example Sentences
The hydrogen fuel cell technology company completed buyouts of United Hydrogen and Giner ELX.
But ELX never won more than a few percentage points of market share from CME, whose hold in Treasury futures dates to the 1970s when its Chicago Board of Trade created the contracts.
After MF Global's failure on October 31, trading at ELX plummeted, with only 618,000 contracts changing hands in November and just 310,000 in December.
Trading also fell because founding members had already met volume thresholds under ELX incentive programs earlier in the year.
Now that BGC Partners has stepped in and dealers have stepped back, ELX has a new lease on life, according to Rubio.
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