FCM execs grapple with the hot topics in the Windy City
CBoT has been very active this year in terms of
switching its trading and clearing platforms. It has also moved
to lower fees and attract new members. Is CBoT doing enough in
your eyes to satisfy customers and fend off competition from
Eurex or other exchanges?
- Allan Zavarro - AZ
- Russ Wasendorf - RW
- Cynthina Zeltwanger - CZ
- Richard Berliand - RB
RW: In a word, no. With the switch to Liffe
Connect, customers will say this exchange is fickle. They
started out with the Aurora system, then went to Globex, then
Project A, then Eurex and now it's Liffe Connect. What is going
to be their trading platform tomorrow? It's been very
frustrating and very expensive for the FCM's to shift
technology from one platform to the next.
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