Windy City power

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For much of the past 100 years, the idea of Chicago Board of Trade (CBOT) and Chicago Mercantile Exchange (CME) contracts trading side by side seemed a distant hope. But since the merger of the cross-town exchange rivals last July, the combined CME Group has moved quickly to integrate its electronic and open-outcry trading venues.

"We thought integration would take 12-18 months from closing. We'll be well inside that date," affirms Craig Donohue, CME Group's Chicago-based chief executive.

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