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Re: Industry Doings



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The CME's all but lost its currency franchise to a variety of e-brokers
(volume down 40% this year per Futures mag)...CNBC ran a story on e-trading
of bonds yesterday...will they be next?  Could it be that the boys in
Chicago are feeling threatened???

CC


----- Original Message -----
From: <I4Lothian@xxxxxxx>
To: <omega-list@xxxxxxxxxx>
Sent: Thursday, September 21, 2000 4:19 PM
Subject: Industry Doings


> The LIFFE announced they will be the first exchange to introduce futures
> contracts on individual international equities, i.e., single stock
futures.
>
> The CBOT and CME, within 3 hours, issued a joint press release commenting
on
> the LIFFE's plans and putting the spotlight on the securities exchanges
> putting up roadblocks to progress on repealing the 18 year old Shad
Johnson
> accord.
>
> Amazing how fast these two exchanges where able to put their differences
> aside and issue this statement.   Makes one think they knew this
announcement
> was coming.
>
> The CBOT Directors voted to bring a members vote to bring side by side
> trading to the agricultural trading floor.  Soon we will have a/c/e
trading
> of soybeans, corn, wheat, bean oil, meal and rice.
>
> Anyone trade a/c/e bonds yet?
>
> Regards,
>
> John J. Lothian
>
> Disclosure: Futures trading involves financial risk, lots of it!  John J.
> Lothian is the President of the Electronic Trading Division of  The Price
> Futures Group, Inc., an Introducing Broker. The opinions expressed are his
> personally.
>