The delayed launch of Eurex US is hardly a
surprise. With firms struggling to be ready in time for 1
February, and CFTC keen to assert its authority, it was all but
inevitable. The fact that launch has been pushed back only a
week suggests Eurex is highly confident of a favourable outcome
of Wednesday's CFTC meeting - and probably with good reason.
That said, Eurex's opponents in Chicago and Washington may yet
have more last-minute objections and delaying tactics up their
sleeves, ensuring that this decision goes down to the
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