CME Cries Foul at ICE's CBOT Bid
NEW YORK—The Chicago Mercantile Exchange (CME) last week lashed out at the IntercontinentalExchange (ICE) for launching its own merger effort for the Chicago Board of Trade (CBOT) at the same time that the CME is looking to join forces with CBOT.
"This is an inferior offer," says Craig Donohue, CEO of the CME. "ICE poses significant integration risks that could adversely affect customers and shareholders."
Earlier this month, ICE offered to sell itself to the CBOT rather than suggesting a merger
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Awards & Rankings
Waters Rankings 2024 winner’s interview: SS&C Advent
SS&C Advent won two categories in the Waters Rankings 2024: Best buy-side OMS provider and Best accounting system provider.
Waters Rankings 2024 winner’s interview: S&P Global Market Intelligence
S&P Global Market Intelligence won two categories in this year’s Waters Rankings: Best reporting system provider and Best enterprise data management system provider.
Pushing the boundaries of TCA
S&P Global Market Intelligence finished runner-up in the perennially competitive TCA system provider category of the Waters Rankings 2024. Michael Richter, global head of trading analytics, discusses the TCA challenges facing the firm’s buy- and sell…
Consistency is the key
Broadridge Financial Solutions won Best outsourcing provider to the sell side in this year’s Sell‑Side Technology Awards thanks to its perennially successful Business Process Outsourcing offering, which has won this category for the past six years…
Waters Rankings 2024 winner’s interview: S&P Global Market Intelligence Cappitech
S&P Global Market Intelligence won two categories in this year’s Waters Rankings: Best enterprise data management (EDM) system provider and Best reporting system provider, which is the subject of this interview.
Sell-Side Technology Awards 2024 winner’s interview: Broadridge
In this year’s Sell-Side Technology Awards, Broadridge Financial Technology won Best outsourcing provider to the sell side thanks to its hugely successful business process outsourcing offering
Waters Rankings 2024: Best market risk solution provider (highly commended)—FactSet
Product/service: FactSet Multi Asset Class Risk Solutions
Waters Rankings 2024: Best portfolio management system provider (highly commended)—FactSet
Product/service: FactSet PM Hub