The Last Days of the Liquidity Luddites?

Before the Spin

It was impossible to escape the message this week: time has run out for open outcry exchange trading, and the sooner the liquidity Luddites get on the electronic trading bandwagon, the better.

The barrage of news on this issue last week should serve as definitive proof that electronic trading is the tsunami of the future.

In Chicago, the ever-aggressive Eurex and its partner, the Clearing Corp. (Ccorp), made the case that automation combined with the benefits of a single clearing membership

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