CBOT At End Of Globex Road; So What's Around The Corner?
PROPRIETARY EXECUTION
The Chicago Board Of Trade (CBOT) appears almost certain to relinquish its prominent position as a partner in Globex, the troubled after-hours electronic futures exchange. Speculation on the system's future reached a peak late last week in the wake of a furious row between the CBOT and the two other Globex partners, Reuters and the Chicago Mercantile Exchange (CME). But for all the snubbing and sniping, a rather peaceful resolution may be at hand. The CBOT is being increasingly bullish about the
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