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The London International Financial Futures and Options Exchange and the Chicago Board of Trade have agreed to a link that will enable each exchange to trade the other's major products. The CBOT will trade Liffe's Bund, BTP and Long Gilt futures and options contracts during much of the Chicago exchange's normal day trading session and all of its evening trading session. Liffe will trade the CBOT's U.S. Treasury Bond, ten-year note and five-year note futures and options during the London morning

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