In the two years since Chicago Mercantile Exchange (CME)
became a listed company both it and its cross-town compatriot,
Chicago Board of Trade (CBoT), have seen their valuations grow
at a quicker rate than other US exchanges such as New York
Mercantile Exchange (Nymex). The high degree of correlation
between the growth rates of CME and CBoT reflects the
widespread expectation that CBoT will go for a public listing
An exchange spokesperson declined to comment on reports that
meetings have been held with investment banks regarding plans
for an IPO, although in private exchange sources suggested that
plans were not as far advanced as some observers have
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