CME, Reuters Plan After-Hours Trading Net; RDTS Unmasked, But Is Open Outcry Undone?

THIS WEEK'S LEAD STORIES

    • WatersTechnology Staff
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Less than five months after the Chicago Board of Trade became the first exchange to add an evening session, the Chicago Mercantile Exchange came back with its version of 24-hour trading, courtesy of Reuters Holdings PLC.

But one-upsmanship between the rival Chicago exchanges forced Reuters to reveal a bit more about its new transactional product for government securities and foreign exchange -- the Reuter Dealer Trading System -- than it might otherwise have liked.

By launching an after-hours

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