CBOE, CME Group argue cancelled exercise rights
The battle over Chicago Board of Trade (CBoT) exercise
rights on Chicago Board Options Exchange (CBOE) has heated up with the issue of
terminating the rights to be decided in court.
CME Group filed a temporary restraining order with a Delaware
Court on 23 July, after Chicago Board Options Exchange (CBOE) moved to
terminate CBoT exercise rights. CBOE, which stated last December that it would
cancel the exercise rights if and when CBoT and CME combined,...