'Knight Trader' Is New CNS Loss Leader; CBOT Exempts Members From Data Fees For Night Trading SVC

THIS MONTH'S LEAD STORIES

Commodity News Services, Inc. is pursuing what appears to be a "loss leader" strategy with its new "Knight Trader" Chicago Board of Trade evening service. The CBOT, meanwhile, has temporarily waived exchange fees for the service for CBOT members, and will decide whether to extend the waiver to employees of CBOT member firms.

At $125/month including satellite dish, Data Quote IV terminal, and real-time CBOT T-Bond and T-Note futures and options quotes, Knight Trader is far and away the least e

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