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I thought it have been the locals that forced their boards to disagree
because of the planned governance structure of the merger?
But I'm not there, thats only what the magazines wrote.
Martin
> -----Original Message-----
> From: Kevin [mailto:klkevin@xxxxxxx]
> Sent: Friday, September 25, 1998 9:52 PM
> To: omega-list@xxxxxxxxxx
> Subject: RE: CME reverting to original Globex
>
>
> > In my opinion the CBOT has
> > made a wise decision to join the Eurex system for
> electronic trading
> > beginning sommer next year.
> >
> > My favorite scenario: a merger of CME/CBOT, discarding
> Globex/II and the
> > ability to trade all contracts of both exchanges over
> the new Eurex/CBOT
> > system. With the announcement to trade even the softs
> (cocoa, coffe etc.) at
> > the CBOT, only the energy-complex would be missing to
> have one reliable
> > electronic trading platform for all major future-markets.
>
> If I recall from a few weeks ago, it was the decision of
> the CBOT to use
> the Eurex system that effectively blew up any chance of a
> merger of the
> exchanges or even of the clearing corps which is what
> everyone really
> wanted.
>
> >
> > Just dreaming? We will see ...
> >
> > Martin
> >
> >
>
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