It's Every Lan For Itself, As WTC Teneants Take Cover

TRADING PLACES AFTER THE BLAST

If the evildoers that detonated the bombs at the World Trade Center had set out to provide a random sample measuring Wall Street's disaster-preparedness, they couldn't have picked a better target. While some firms reacted swiftly and efficiently, transferring traders and other staff to pre-planned locations, others were caught flatfooted.

Indeed, the most striking revelation to emerge from the catastrophe is that many trading operations had no contingency plans in place at all. Forced to

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CME: CFTC OKs clearing move to Google Cloud

The CFTC has given the Chicago-based exchange approval to run its clearing and settlement infrastructure on the Google Cloud Platform, while the exchange and vendor have extended their partnership to last until at least 2037.

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