Thursday, July 5, 2007

CBOT says CBOE trying to quash trading rights

(Reuters) - CBOE, the largest U.S. options mart, has been attempting to
end the historic right held by some Board of Trade members to
also trade options at CBOE, known as the exercise right.




The options mart contends that if CME absorbs CBOT to
create CME Group Inc., there will no longer be CBOT members who
qualify for CBOE trading rights.


Read more at Reuters.com Mergers News

No comments: