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> > Eurex Sets Worldwide Trading Record In January
>
> I wonder how long it will take before the CME, CBOT &etc wake up
who cares ? :-)
> to
> the fact that Eurex, with its reliable electronic exchange, is taking over
> the world?
>
> I predict they will hold onto their precious pit-trading traditions
> until they drive their exchanges into the ground.
you probably know that the CBOT members first voted AGAINST an
alliance with EUREX and later changed that....
its obviously very attractive to stand in the bond pit buy at bid and sell at the
ask in a second if the thing trades in 1/32s.....
lots of other interest instruments trade in 1/100 - about 3times closer tick
spread - only reason to stay at 1/32s and in the PIT is: RIPPPP OFFFF !!!
>If they don't get their
> act together and implement a REAL, RELIABLE, WORKABLE electronic exchange,
> *without* all the funky foibles of side-by-side pit & (crippled)
> electronic trading, they will lose their leadership role to Eurex and
> other 21st-century exchanges.
what LEADERSHIP role ?..........see subject !
> It's already happening.
RIGHT !
rgds hans
> Gary
>
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