One story to have been re-heated over the festive flames was
the possibility of a merger or acquisition deal between old
Chicago sparring partners CME and CBoT. The clearing link, of
course, is an indication of how far relations between the
exchanges have come, and new ceo Craig Donohue has apparently
begun his tenure in the same manner chairman Terry Duffy did,
by musing in public on the benefits of an even closer
relationship. Whether this much-speculated upon wedding ever
makes it out of the rumour mill and into reality remains to be
seen, but it's interesting to note that both exchanges chose to
celebrate the end of record trading years with showers of
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