This article is a sample article from Institutional Investor magazine. For more information or to subscribe, please go to www.institutionalinvestor.com.
08 Mar 2007
Loren Fox
When Chicago Mercantile Exchange chairman Terrence Duffy met for dinner last summer with his Chicago Board of Trade counterpart, Charles Carey, the talk quickly turned to a third exchange chief, who wasn’t at the table: John Thain. In June the New York Stock Exchange CEO had struck a $10 billion deal to acquire Paris-based Euronext, turning the Big Board into a serious threat to both Chicago markets: In addition to its pan-European stock market, Euronext owns London-based Euronext.liffe,
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