Wednesday, May 30, 2007

ICE in pact with Chicago options exchange: report

(Reuters) - CBOT has been battling with the CBOE over exercise rights that date back to the creation of the options exchange by CBOT in 1973. The rights allow CBOT full members to trade options at the neighboring CBOE without having to buy a membership.




CBOE has requested that these rights be terminated if CBOT is taken over. CBOT has vowed to protect the rights.


Read more at Reuters.com Business News

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