Restructuring On The Cards For Globex, Says CBOT
TECHNOLOGY
Officials at the Chicago Board of Trade (CBOT) and the Chicago Mercantile Exchange (CME) have acknowledged that their Globex electronic futures trading service, owned as a joint venture with Reuters, has not succeeded in its present form and will likely need some form of restructuring.
Last week, CBOT chairman Pat Arbor told reporters that the exchange is willing to surrender some control of the service to make it more attractive for other exchanges to join. He said he wants to see Globex be
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