CME

Chicago, Ill. — Members of the Chicago Mercantile Exchange (CME) have been utilizing electronic trading connectivity tools alongside nonmembers, paying identical access fees for over a decade. This practice has come into focus following the opening of a new data center by the exchange, raising concerns from some members who contend their exclusive rights and contractual agreements may have been compromised. In a recent court hearing in Illinois, legal representatives for CME argued that the exchange’s operations have adhered to established guidelines for many years. By fostering an environment where both members and nonmembers could … Read more