Eurex and CBOT Solve Tech Dispute

EXCHANGE TECHNOLOGIES

CHICAGO and FRANKFURT--European derivatives exchange Eurex has acquired full ownership of a/c/e, the electronic trading platform it shared with the Chicago Board of Trade (CBOT). The move restructures a partnership agreement with the Chicago exchange that has been in place for the past three years, during which time Eurex publicly criticized the CBOT for failing to invest in development upgrades to the platform (TTW, June 11, 2001).

The exchanges have agreed on new contractual arrangements that

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