http://go.reuters.co.uk/newsArticle...89844§ion=finance&src=rss/uk/featuresNews "LONDON (Reuters) - Volumes of all-electronic London Brent crude futures trade have hit record levels, while the rival open outcry pit in Dublin has languished in a summer lull. Undaunted, bosses at the New York Mercantile Exchange's European unit say their resolve to bring their Brent pit to London is unchanged." Am I missing something here, or has the leadership at the NYMEX completely lost touch with reality? I know that the IPE is technologically challenged, but does NYMEX really think they can turn back the clock on the past 20 years of progress in trading technology? I guess that the NYMEX membership must be making these decisions, because they seem to have the same mentality as the bone-headed memberships at the CME and CBOT, who successfully stymied progress at those two exchanges for a decade.