CBOT Says No To New Globex
PROPRIETARY EXECUTION
After months of negotiations, public posturing and feuding, the Chicago Board of Trade has bowed out of Globex. The CBOT voted against the new framework which the other three Globex participants -- the Chicago Mercantile Exchange, Matif and Reuters -- put in place last month (TST, March 21). At the same time, the CBOT voted to jump-start its own Project A trading system.
"This is the exchange's way out of Globex without having to quit," says one CBOT source. The 1992 agreement expires April 22
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: https://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Awards & Rankings
Buy-Side Technology Awards 2025 winner’s interview: S&P Global Market Intelligence
S&P Global Market Intelligence’s success in the first year the Best private markets data provider category has been on offer.
AFTAs 2025: Best new technology introduced over the last 12 months (data management and data services)—S&P Global Market Intelligence
Project: Kensho LLM-ready API
AFTAs 2025: Most innovative third-party technology vendor (operations)—AutoRek
Company name: AutoRek
AFTAs 2025: All the winners and why they won
Here are the winners of the 31 categories making up this year’s American Financial Technology Awards.
AFTAs 2025: Best new technology introduced over the last 12 months (trading, risk and compliance)—IntelligentCross
Project: IntelligentCross JumpStart
AFTAs 2025: Best AI technology provider—CompatibL
Product: CompatibL AI