Derivatives exchange - Chicago Mercantile Exchange

Pick up the launch issue of Risk magazine, and you'll see the Chicago Mercantile Exchange (CME) prominently featured. Back then, a request to the Commodity Futures Trading Commission (CFTC) to allow it to offer after-hours electronic trading was causing a commotion in the futures exchange space. Competitors were concerned by the move and the exchange's ambitions (Risk December 1987, page 59-60). In the end, the CFTC approved the CME's request, enabling the bourse to continue on its path to