Cboe and its CEO Are Now in a Different Boat
In January of 2014, after hearing CBOE executives crow at an annual Chicago press lunch about how great their publicly traded company and its products performed in 2013, I wrote a commentary titled “The CME Should Buy the CBOE Soon.” There have been many on and off discussions about just that for many years. And yesterday for just a short period of time it seemed like it was happening, as the Financial Times reported that CME Group had approached Cboe to acquire it in a $16 billion deal that CME Group later strongly denied.
In the derivatives space, there has been a consolidation or a proliferation of exchanges, depending on how you see it. While the number of...
When it comes to competition in the exchange space, Alan Gandelman is at the front line. As the CEO of Americas Trading System Brasil...
Garry Jones is no stranger to exchange competition. As CEO of the London Metal Exchange, which was acquired by the Hong Kong Exchanges &...
