The future of BoTCC hangs in the balance, and it's not clear
whether the various parties showing an interest are more like
amorous suitors or vultures circling a mortally wounded
Certainly the clearinghouse has value - its regulatory
designation, AAA credit rating and proven infrastructure would
each be a boon to certain firms in search of one or more of
those attributes. But that value must have taken a pounding
when CBoT, its largest customer by a country mile, decided it
was taking its business elsewhere.
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