Global Alliances Of Futures Exchanges To Consolidate Further In Year Ahead
EXCHANGES
CHICAGO--The recent alliance between Eurex, the Swiss/German derivatives exchange and the Chicago Board of Trade (CBOT) looks set to be expanded next year with the addition of a third, Asian, exchange.
The addition of a third exchange will give the Eurex/CBOT alliance a liquid, 24 hour-a-day trading ability -- working between three different timezones -- and further increase the alliance's market share.
The present Eurex/CBOT alliance -- which becomes effective by next summer -- should give the
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