Chicago exchanges going local in Asia

14 Mar 2005

Chicago Board of Trade (CBoT) and Chicago Mercantile Exchange (CME) have both been working on plans to add local access telecommunications hubs in Asia.

CME executives said the exchange will open a hub in Singapore in the second quarter, while CBoT officials separately said that they are planning to make a decision on offering local access in Asia within the...

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“One of our key predictions for 2011 was that geopolitical tensions will simmer more vigorously this year, particularly in the context of a market in which incremental non-Opec volumes are becoming more difficult to bring on stream and in which Opec spare capacity gets more noticeably stretched.”

BarCap's 2011 oil outlook looks increasingly accurate.