Every FIA Chicago Expo should have this kind of drama and intrigue
23 Nov 2007
The decision by CME Group not to post an exhibition booth at the Futures Industry Association (FIA) Expo in Chicago this month has gripped the industry and had it analysing the meaning of it all since. In almost Alan Greenspan-esque style, CME appears to be telling FIA what it thinks of its opinion about the CME-CBoT combination. On the other hand, it’s also indicating a new direction in reaching new and existing customers.
A CME Group internal letter to employees, obtained by FO Week, said that industry pundit John Lothian, was off target when he said CME Group was making a mistake by “striking this apparent vengeful and spiteful passive/aggressive public posture towards the FIA and their...
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