Prebon, Liberty Team To Buy Minority Stake In CBOT Brokerage

VENDOR STRATEGIES

The Chicago Board of Trade has announced that it will sell 49 per cent of its electronic brokerage subsidiary, Chicago Board Brokerage, to interdealer-brokers Prebon Yamane (USA) and Liberty Brokerage Investment. Prebon and Liberty will share the minority stake in CBB under a new joint holding company, Hudson Holdings.

According to a spokesperson for Prebon, the new CBB will operate as a standalone proprietary service. "Initially, we are not going to distribute prices and interactivity over

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Waterstechnology? View our subscription options

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here