Competition from ICE drove Nymex into the arms of the Merc earlier this year.
The Merc has been eager to expand off its traditional strength in interest-rate futures trading.
In Chicago, another woman joined the Merc just a few weeks after Hyslop did.
But the Merc wanted more--to keep its edge in an increasingly competitive (and consolidating) arena.
Mark Hyslop joined the Chicago Merc and commuted from Nebraska to Chicago every week.
The Merc is shoving its brokers and traders away from the open cry system.
He argued that the Merc's currency had been proved while Sprecher's looked like an investor fad.
The Merc's new Globex2, set to launch this fall, can handle 24-hour trading via the Internet.
The Merc has hired McKinsey, a management consultancy, to review its strategy and governance.
ECONOMIST: Chicago��s ancient futures exchanges are showing their age
DTB, but, unlike the Merc, it has no superior technology of its own to offer.
ECONOMIST: Chicago��s ancient futures exchanges are showing their age
Eventually, this will allow the Merc to offer its contracts to traders all around the world.
ECONOMIST: Chicago��s ancient futures exchanges are showing their age
The Board, unlike the Merc, didn't have its own electronic system and cleared trades through a separate entity.
They at times mistook the Merc for the Merchandise Mart, a 4-million-square-foot retail emporium on the Chicago River.
In 1995 he set up his own hedge fund in New York, devoted to index options at the Merc.
Witness that most frenzied (and now most valuable) of exchanges, the Chicago Merc.
Standing in the eurodollar pit, Scott, 40, trades with a handheld device allowing access to the Merc's electronic exchanges.
C. didn't object to the Merc's interpretation of the rule, intended to prevent market manipulation, not keep out competition.
The Merc guys hurried back to Chicago, where they held a meeting for cbot shareholders at the W Hotel.
If institutions moved en masse to Liffe, it would be extremely difficult for the Merc to lure them back.
Speaking of Kokonas, he came up as a trader at the Chicago Merc.
FORBES: What The Life Of America's Best Chef Tells Us About Economics
The Merc is shoving its brokers and traders away from the open-cry system.
But it does indicate where Merc is headed for the years to come.
FORBES: Would You Drive The New SUV From Mercedes? It's Huge.
The big difference: You'll need to pony up nearly three times the margin at the CBOE than at the Merc.
The Merc takes two cuts on a transaction, one from the seller of a contract, the other from a buyer.
Jack Sandner recalls that when he signed up with the Merc, people asked him if he'd joined the wrong club.
In 1995 he worked his way onto the then 34-member board, where he got to know Craig Donohue, a Merc lawyer.
Retired pharmacist Ken Witzeling, who chairs the mercantile's board, says The Merc gives Powell more than just another place to shop.
Thus was born the International Money Market, the world's first financial futures exchange, which was then taken over by the Merc.
What if the Merc home price future never gets off the ground?
The Merc will need clearance for the merger from the U.S. Securities and Exchange Commission, the Commodities Futures Trading Commission and the U.S. Justice Department.
应用推荐