Futures Exchanges Still Confident About Merger

Law360, New York (December 1, 2006, 12:00 AM EST) -- The two largest U.S. futures exchanges, Chicago Mercantile Exchange Holdings Inc. and CBOT Holdings Inc.’s Chicago Board of Trade, remain confident that their impending merger will be approved by the U.S. Department of Justice, despite claims that it raises antitrust concerns.

Thanks to the Chicago convention of the Futures Industry of America, held Tuesday to Thursday, the merger was the talk of the town.

CME and CBOT executives spoke at various convention panels, as they have done every year. On Wednesday CME Chairman Terry Duffy, CME...
To view the full article, register now.