The Future of Futures
Monday, March 10, 2008
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The Chicago Mercantile Exchange (CME) sits at the top of the competitive marketplace that is futures trading. Still, as Chicago bureau chief Diane Estabrook reports, the head of the CME is looking to expand his company's stake in futures trading in the U.S. and abroad.
Discuss this story on XChange - The NBR Blog.
Related NBR Stories & Links
- 11-09-07: "Xchange, the NBR Blog" - We All Have to Eat
- 01-30-07: One-on-One with Craig Donohue, CEO, Chicago Mercantile Exchange
- 10-17-06: One on One with Terrence Duffy, Chairman of the Chicago Mercantile Exchange
- 10-17-06: The $8B CME & CBOE Deal
- 11-08-02: The Start Of Single Stock Futures Trading
External Links/Articles*
- Chicago Board of Trade (CBOT)
The Chicago Board of Trade is now part of the CME Group, but its website remains in operation. - CME Group
The CME Group was formed in January 2008, when the Chicago Mercantile Exchange merged with the Chicago Board of Trade. The head of the CME Group, Terry Duffy, is interviewed in Diane Estabrook's report. - New York Mercantile Exchange (NYMEX)
NYMEX is a major commodity futures exchange and "the preeminent trading forum for energy and precious metals." The company currently is in merger talks with CME Group. - "Review by the Treasury Department of the Regulatory Structure Associated with Financial Institutions"
This document contains the U.S. Department of Justice's suggestion, mentioned in Diane Eastabrook's report, that the U.S. bar its echanges from clearing their own trades. The document is hosted by the Regulations.gov website. - U.S. Commodity Futures Trading Commission
The CFTC is "an independent agency with the mandate to regulate commodity futures and option markets in the United States."
*Clicking these external links will take you off the NBR web site on PBS.org. NBR has no affiliation with these sites.
