Electronic exchanges: deflating Globex.
Globex, the round-the-clock futures and options trading system founded in 1992 by British news and information company Reuters and U.S. futures exchanges the Chicago Mercantile Exchange (CME) and the Chicago Board of Trade (CBOT), is struggling to stay in business. Last month, the CBOT decided to qu...
| Publicado en: | Economist Vol. 331; pp. 87 - 88 |
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| Formato: | Artículo |
| Publicado: |
Economist Newspaper Limited
5/7/1994
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| 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=508519612&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 508519612 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00130613 ECO jtl: Economist issn: 00130613 maglogo: N pubinfo: dt: 5/7/1994 vid: 331 pid: 161 pub: Economist Newspaper Limited artinfo: ui: 508519612 ppf: 87 ppct: 1 formats: tig: atl: Electronic exchanges: deflating Globex. aug: su: Investments -- Data processing Futures sug: subj: Investments -- Data processing Futures keyword: Chicago Board of Trade -- Electronic trading Futures contracts ab: Globex, the round-the-clock futures and options trading system founded in 1992 by British news and information company Reuters and U.S. futures exchanges the Chicago Mercantile Exchange (CME) and the Chicago Board of Trade (CBOT), is struggling to stay in business. Last month, the CBOT decided to quit the system. In addition, on May 17 the London International Financial Futures and Options Exchange turned down a chance to join the system. Additional candidates for Globex membership are not forthcoming, because Globex still has 2 handicaps: It is primitive and cumbersome to use. Only about 4,000 CME contracts a day are traded on the system, far short of the 25,000 that Reuters had been hoping for. pubtype: Periodical doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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