Patrick H. Arbor, chairman of the Chicago Board of Trade, hasaccused Merc Chairman Jack Sandner of making "highly misleading"statements that "seriously undermine" efforts to expand theexchanges' 24-hour Globex trading system.
The comments follow the decision Tuesday by the LondonInternational Financial Futures Exchange's to pull out of Globexafter two years of negotiations. The key stumbling block, theexchanges say, was the competition between the LIFFE and the CBOTover the right to trade the LIFFE's No. 1 contract in German Bonds onGlobex.
In a letter meant to reach directors of Globex Monday, Arborsaid "gross distortion of the facts" by Sandner had …
Комментариев нет:
Отправить комментарий