Delays And Concerns Continue To Plague Globex
THIS WEEK'S LEAD STORIES
Technical problems continue to delay the start of trading on Globex, the Chicago Mercantile Exchange's automated trading system being developed with Reuters Holdings PLC. Officials failed to launch the system in time for an announced Dec. 1 target date (TST, Nov. 20, 1989). But now they are calling for a mid-1990 rollout.
The delays have been attributed to problems in getting the computer code written by Reuters to satisfy the performance specifications of the CME. The exchange requires, for
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