Detailed terrorism warnings last weekend had a ripple effect across US futures exchange markets, with heightened security in New York and Chicago. The question now being addressed is, just how well prepared is the industry since the terrorist attacks on 11 September, 2001?
Even though no futures markets were named in the weekend alert which listed specific banks - institutions and stock exchange targets in New York City, Newark and Washington - the futures industry took notice. Spokespeople from Chicago Board of Trade (CBoT), Chicago Mercantile Exchange (CME), New York Mercantile Exchange (Nymex) and New York Board of Trade (Nybot) told FO Week that they are working with local, state and...