Detailed terrorism warnings last weekend had a ripple effect
across US futures exchange markets, with heightened security in
New York and Chicago. The question now being addressed is, just
how well prepared is the industry since the terrorist attacks
on 11 September, 2001?
Even though no futures markets were named in the weekend
alert which listed specific banks - institutions and stock
exchange targets in New York City, Newark and Washington - the
futures industry took notice. Spokespeople from Chicago Board
of Trade (CBoT), Chicago Mercantile Exchange (CME), New York
Mercantile Exchange (Nymex) and New York Board of Trade (Nybot)
told FO Week that they are working with local, state and
federal authorities, but none would describe any extra security
precautions that may have been implemented.
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