CME And CBOT To Discuss Joint Trading System Effort

THIS WEEK'S LEAD STORIES

After months of bitter public sniping over whose after-hours electronic trading system is better, the world's two largest futures exchanges are suddenly bubbling with goodwill and ready to talk about co-operation. But given the institutional egos involved, whether today's smiles will translate into tomorrow's unified system remains to be seen.

Bowing to intense pressure from member firms unhappy about the prospect of installing two systems where one might do, the Chicago Board of Trade and the

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