In his final annual meeting report to members, out-going
Chicago Board of Trade chairman Nick Neubauer has announced
improved finances for the exchange.
Net income for 2002 was over $33m, he said, "far above the
$4.4m of 2001 and the $10.1m loss of 2000." The exchange's
ending cash balance was close to $86m at year-end 2002, versus
$53m for 2001, and the long-term debt on the building was down
to $53.5m at year-end.
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