CBOT, CME Target Europe With New POPs

EXCHANGE TECHNOLOGIES

LONDON—The Chicago Board of Trade (CBOT) is reaching out to Europe through two new points of presence (POPs) and is working in ever-closer co-operation with its technology supplier, the IT arm of Euronext.liffe.

At about the same time, CBOT rival Chicago Mercantile Exchange (CME) launched four new European telecommunications hubs in Amsterdam, Dublin, Frankfurt and Gibraltar, officials say. In addition, FCT, an independent proprietary trading and clearing firm, is the first firm with direct

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