The screen is the future, master.
A new after-hours electronic trading system, Globex, is the latest weapon in the battle for market share between derivatives exchanges. For a decade, the Chicago Board of Trade and the Chicago Mercantile Exchange have worried less about competition from each other than about losing market share abr...
| Publicado en: | Economist Vol. 325; pp. 85 - 87 |
|---|---|
| Formato: | Artículo |
| Publicado: |
Economist Newspaper Limited
October 24 1992
|
| Materias: | |
| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=508449074&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 508449074 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00130613 ECO jtl: Economist issn: 00130613 maglogo: N pubinfo: dt: October 24 1992 vid: 325 pid: 161 pub: Economist Newspaper Limited artinfo: ui: 508449074 ppf: 85 ppct: 2 formats: tig: atl: The screen is the future, master. aug: su: Investments -- Data processing Futures sug: subj: Investments -- Data processing Futures keyword: Futures contracts ab: A new after-hours electronic trading system, Globex, is the latest weapon in the battle for market share between derivatives exchanges. For a decade, the Chicago Board of Trade and the Chicago Mercantile Exchange have worried less about competition from each other than about losing market share abroad, especially to new European exchanges. Globex, which offers longer trading hours through electronic trading, was conceived in part to discourage foreign exchanges from setting up their own versions of Chicago's futures contracts. However, the new system could end up hurting the exchanges since it moves the markets away from Chicago's tradition of open-outcry pit trading and toward a future based on screen trading. As more exchanges list products on Globex, Chicago's unruly floor trading could someday become a relic of the past. pubtype: Periodical doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
|---|