The CME announced plans to terminate the service last fall after much speculation following CME's purchase of CBOT (IMD, May 21, 2007), and officially discontinued LDB last month.
However, a CME quote vendor impact document last month indicated that the CME would likely reverse its decision and continue the service, though CME officials decline to specify a date for the re-launch or to confirm the content to be included in the new service.
The LDB broke down volume for CBOT contracts by four
James talks about his trip to Chicago and some of the interesting topics that came up (including a look at disaster recovery demands). Then Anthony and James touch on ISDA's initial margin rules, with Phase 3 going live next year.Subscribe to Weekly Wrap emails