Chicago big two lead US exchange valuation growth
22 Nov 2004
In the two years since Chicago Mercantile Exchange (CME) became a listed company both it and its cross-town compatriot, Chicago Board of Trade (CBoT), have seen their valuations grow at a quicker rate than other US exchanges such as New York Mercantile Exchange (Nymex). The high degree of correlation between the growth rates of CME and CBoT reflects the widespread expectation that CBoT will go for a public listing next year.
An exchange spokesperson declined to comment on reports that meetings have been held with investment banks...
The rest of this article is for subscribers only. Would you like to take a free trial?
- Unlimited access
- Data & graph exports
- Daily data brief
- Weekly newsletter
- News & Analysis access
- Extensive data searches
- Access to archive
- Weekly newsletter