Eurex officials are poised to push ahead with their anti-trust lawsuit against Chicago Board of Trade (CBoT) and Chicago Mercantile Exchange (CME), and some legal experts believe that Eurex may have enough of a case to take it to the next stage.
Eurex filed its anti-trust suit against the Chicago exchanges last October, accusing CBoT and CME of a number of illegal activities it claims were aimed to keep Eurex US from competing. Both sides are awaiting a ruling on the Chicago exchanges' request to dismiss the case.
Should the court rule in favor of Eurex, the case would proceed to the next level, called discovery, where hard evidence is produced by both sides. When a ruling should be expected is unknown at this point. The entire process can take two or...