CME Head Duffy Says Chicago Needs To Get Its Act Together
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
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ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
The letters are stamped all over the hallways of Chicago’s giant skyscrapers and grand office buildings. DRW, IMC, CME, Cboe. These are some of the derivatives firms that collectively handle trillions of dollars a year in trades, greasing the wheels of global markets with everything from stock options to corn futures. Most of them have
(Bloomberg) -- When Ed Tilly walked onto the Chicago Board Options Exchange floor in 1987 — where trading pits teemed with sweaty men barking orders and flashing signals — the recent college graduate was hooked. Most Read from BloombergVegas’ Newest Resort Is a $3.7 Billion Palace, 23 Years in the MakingF-35 Debris Found After a $100 Million Fighter Jet Went MissingIndia, Canada Trade Diplomatic Blows Over Murder AllegationsVanderbilt Rips US News Over Slide in College RankingsMore than two deca
Let’s get into the details of what exactly Tilly resigned for and why investors didn’t take their usual ‘surprises are bad’ stance.