The power behind the throne: CME and the fight for futures market supremacy

cme-king-1012

"We warned them. We said they were messing with the family jewels, and the Chicago exchanges would do everything in their power – whatever it takes – to protect their business,” says the head of one large futures trading firm, recalling a conversation he had with executives from Eurex during a dinner in Chicago in 2003, shortly after the German futures exchange had announced plans to compete in the US Treasury futures market by launching an electronic venue.

“But they laughed it off and just

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 [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

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: