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Merger to bring higher fees? Some in the industry expect CME Group to cash in on its clout.(News)(Board of Trade Clearing Corp.)

Crain's Chicago Business, November, 2006

Byline: ARUNDHATI PARMAR Crain News Service Ka-ching. That's the sweet sound shareholders of the Chicago Mercantile Exchange and the Chicago Board of Trade heard when the two titans of the futures world announced plans to merge last month. But some customers won't be hearing such sounds.

Rather, they'll be hearing their wallets snapping open if, as some industry players expect, the combined behemoth-CME Group Inc.-uses its marketplace clout to raise fees. John Lothian, president of the electronic trading division of Price Futures Group Inc. in Chicago and author of a newsletter on capital and derivative markets, says CME Group has been known to create special fees for groups of customers that trade specific commodities at a certain volume. "They know 10...

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