10 years ago
More London recruits for Project A
Project A, the Chicago Board of Trade after hours electronic order entry and matching system, is to install terminals with a further eight London firms, following the first trades to be conducted from the City by Bear Stearns at the end of last month. The additional firms are Carr Futures, Salomon Brothers, ING Derivatives London, JPMorgan, Goldenburg, Hehmeyer & Co, Cargill Investor Services and BA Futures.
Common clearing closer, but problems remain.Leaders of the Chicago futures exchanges continued to make optimistic noises about...