US Futures' Suit Against Exchanges Partly Nixed

Law360, New York (July 7, 2010, 5:49 PM EDT) -- A judge has dismissed predatory pricing allegations from U.S. Futures Exchange LLC's antitrust lawsuit accusing the Chicago Board of Trade and Chicago Mercantile Exchange Inc. of conspiring to monopolize the market for exchange services for U.S. Treasury futures and futures options.

Judge James B. Zagel of the U.S. District Court for the Northern District of Illinois dismissed the allegations from the suit brought by USFE and parent company U.S. Exchange Holdings Inc. in an order Friday. Other allegations, including a Sherman Act violation, remain pending in...
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