Chicago Exchanges: Working against the grain
When the Cantor Financial Futures Exchange (CFFE) opened last September, it was the result of nearly two years of discussions between the main protagonists..”
“It was back in 1996 that we realized that the future for trading lay in screen-based technology rather than open outcry,” says Joe O’Neill, a director of the Cotton Exchange as well as of the new joint venture with Cantor Fitzgerald. “Cantor was thinking along the same lines.
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