CBOT, Liffe May Modify After-Hours Pact To Pit Electronic Systems Vs. Open Outcry
EXCHANGES & REGULATORS
The Chicago Board of Trade and the London International Financial Futures and Options Exchange are likely to modify their agreement to trade three of each other's products during the window of time when the one exchange is open, the other is closed.
The newly modified agreement would allow the CBOT and Liffe to maintain the right to trade the products on their own proprietary electronic after-hours trading systems while the products are also being traded on their counterpart's floors. The two
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