Reuters Boosts Interim Performance But Says Globex Falters In Chicago
TECHNOLOGY
The Globex electronic futures matching system is failing to catch on with traders at Chicago's futures exchanges, according to officials at Reuters Holdings. At an interim results press conference last week announcing otherwise good financial news, the company's statement about Globex's performance struck the only sour note. Although volumes are rising in Paris, says the company's statement, "...we are concerned that the activity in Chicago remains low. We are working with the Chicago exchanges
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