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Chicago: one of the city’s major industries, the financial derivatives exchanges, have been reborn on the back of extreme market volatility |
EUREX MADE ITS move quickly. So quickly, in fact, that many in the markets hadn’t even heard what the Chicago Board of Trade had done earlier in the day to prompt Eurex into action until they read its announcement in the early evening of January 9. In it the Frankfurt-based derivatives exchange declared its intention of setting up its own full-fledged US derivative exchange.
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