Business Services Industry
Editorial: Once again, the exchanges confront a cloudy future.(Brief Article)(Editorial)
Crain's Chicago Business, April, 2000
If the Chicago Board of Trade did not exist, would it have to be invented? Ditto the Chicago Board Options Exchange (CBOE), which didn't exist until 1973, when some far-sighted Chicago Board of Trade (CBT) members saw a market in a regulated public exchange for stock options. The key word here is market: a situation in which a person wants to buy what another is selling.
The problem Chicago's exchanges face today -- after years of failing to act on their customers' pleas to reduce costs by merging and moving to electronic trading -- is that those customers now have alternatives to going through Chicago, and they soon will have many more. Around the world, the cool efficiencies of electronic markets are rapidly displacing the traditional hurly-burly of...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- LIFO vs. FIFO: a return to the basics
