CME Shops for New Globex Front End

FRONT PAGE: EXCHANGE TECHNOLOGIES

CHICAGO--The Chicago Mercantile Exchange (CME) has issued a request for proposal (RFP) that explores numerous options for the future of Globex, its main electronic trading platform, confirm CME officials.

In fact, GL Trade, an incumbent CME supplier, has responded to the RFP, officials of the French trading systems vendor confirm.

Following a request for information (RFI) sent out in July 2003, an RFP was sent in early December 2003 and has received approximately a dozen responses, a source with

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