SPECIAL REPORT
SPECIAL REPORT
CBOT and Eurex Alliance Launched
The new Chicago Board of Trade/Eurex alliance (a/c/e) started out with more of a whimper than a bang, with only 22,035 contracts trading hands during its inaugural session. This is quite a disparity from the approximately 2 million contracts that trade on Eurex or the 900,000 that trade on the CBOT every day. The joining of the world’s two largest futures exchanges began at 10 pm EDT on Aug. 27.
Dennis Dutterer, CBOT interim president and CEO, says of the event,
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