BEST FINANCIAL IT PROJECT - CME's Upgrade
2004 WATERS AWARDS
The largest futures exchange in the US has installed a screen-trading demonstration room in the exchange building just steps from its trading pits where traders can get a taste of the benefits of electronic trading. The exchange is also forging strategic partnerships with electronic trading forces in the inter-dealer bond and FX markets, and is establishing telecom hubs throughout Europe.
This is at odds with the popular image of the incumbent Chicago futures exchange as conservative protector of
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