CHICAGO, Ill. – The Chicago Board of Trade said May 4 it is tightening trading order rules, which analysts say will help prepare its benchmark grain trading pits for screen-traded competition. The CBOT’s grain floor has been under fire for being slow to fill trading orders. The problem will worsen as the all-electronic Eurex, which […] Read more
Stories by Christine Stebbins
From killing filds to trading floor
CHICAGO, Ill. – It’s a Wednesday morning in Chicago and grain traders are more frenzied than usual, reacting to the latest U.S. crop data released by the government. In the midst of the flurry -traders screaming at the top of their lungs and waving frantically at one another – stands one man whose background is […] Read more
