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Chicago Enthusiast
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Discussion Starter · #3 ·
Cool thanks for the link - just hope you vote for the CBOT -CME merger ;)
yeah the CME upped it again today. I am not a voting member however. But ICE is just making the members richer! It seems like the CBOT is determined to choose the CME to take them over. Its been an interesting battle.
 

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Hey cbotnyse. Any insights you can offer us as to voting member sentiments towards the bid? Do you think they see the CME as a better long term partner, or does it seem the extra cash will do the talking? As you can guess, the chicago boosters on this forum are rooting for the CME/CBOT to cement the position as the greatest trading city.
 

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Chicago Enthusiast
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Discussion Starter · #5 ·
Hey cbotnyse. Any insights you can offer us as to voting member sentiments towards the bid? Do you think they see the CME as a better long term partner, or does it seem the extra cash will do the talking? As you can guess, the chicago boosters on this forum are rooting for the CME/CBOT to cement the position as the greatest trading city.
The members want the CME because it will make all of the back office operations a breeze to merge and simply for tradition as well. But money most definitely talks, so if ICE keeps bidding higher the CME will have to follow along. I think the members will take a smaller offer from the CME, but not much smaller.
 

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And yet people in America are still surprised at how influential Chicago is.
in the 21st century economy, Chicago doesn't need to rely on what the US thinks which becomes more and more irrelevant. Chicago will interface with the globe far more than with the nation during this 100 year span.
 
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