Chicago Board of Trade (CBoT) executives said last week that
the exchange was confident of bettering the performance of
Eurex US with its new Bund, Bobl and Schatz futures, following
the announcement of a 23 April launch date for the
CBoT's senior vice president of business development, Bob Ray,
told FO Week
that the modest volumes on Eurex US
invited outperformance from the new contracts. He said:
"Fortunately for us, Eurex has set the bar extremely low in
terms of their performance. Anything above 0.5% [market share]
is thrilling for us".
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