Reuters, CME And Matif Plot Globex' Future; CBOT Stews

PROPRIETARY EXECUTION

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Three of the principal players in the Globex saga met in New York City the last week of February, without the Chicago Board of Trade, and decided to change dramatically the way the electronic futures trading system is managed. According to a spokesperson from the Chicago Mercantile Exchange, the parties at the meeting -- the CME, the Marche a Terme International de France and Reuters -- all ended up "on the same page," agreeing on a "governance framework" which would differ "significantly from

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