Chicago Board of Trade (CBoT) added significant execution speed for US-based traders with the move of its E-CBoT trading host from London to Chicago on 31 October.
The platform had been hosted by Euronext Liffe in London since E-CBoT was launched in January 2004, meaning that electronically traded contracts at CBoT were routed and executed in London before being sent back to the traders in the US.
Given the limitations of physics, trades originating...