Reuters, CME Sign Globex Agreement; Leaves Room For Other Vendors, Exchanges

THIS WEEK'S LEAD STORIES

Reuters Holdings PLC and the Chicago Mercantile Exchange finally signed an agreement last month governing the after-hours electronic trading system they plan to jointly develop, but the system differs from one announced nearly a year ago.

What was originally called Post (Pre) Market Trade has been re- christened Globex -- for the Global Exchange. More importantly, Globex provides a wider role for other vendors and exchanges than PMT did.

The CME became the first U.S. futures exchange to

To continue reading...

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: