CME Sheds 380 Jobs
The exchange declines to comment on how many of the eliminated position are in its various IT divisions, says an exchange spokesperson. Those made redundant will be eligible for an enhanced severance package, which includes outplacement services, add officials.
Meanwhile, the exchange also announced the migration schedule of CBOT products onto CME's electronic Globex trading platform. The migration will take place over two weekends in January 2008. Commodities and equity indexes will move off the
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