CBOT moves to dismiss Eurex lawsuit

The Chicago Board of Trade (CBOT) has filed a motion to dismiss a Eurex lawsuit, which alleged the CBOT and the Chicago Mercantile Exchange had violated the US Sherman Antitrust Act.

The original lawsuit, details of which were covered in RiskNews' sister publication Trading Technology Week on October 20, specifically claimed shareholders of The Clearing Corp (TCC) were offered money to vote against a reorganisation sought by Eurex. This reorganisation would have facilitated a greater cooperation and degree of control of the TCC by Eurex.

CBOT’s filing claims that Eurex has failed to state an adequate cause or provide factual support for its allegations.

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here