Thursday, July 12, 2007

CBOT shares cease trading at Thursday close

(Reuters) - The announcement came after the results of Monday's vote were certified and mark the end -- in name at least -- of the 159-year-old Chicago Board of Trade, the world's oldest futures exchange.




Long-time CBOT traders felt nostalgic on Thursday, but will be back on Friday trading under the exchange's new name, the CME Group. Their pain was also eased by the $12 billion price tag that CME agreed to pay after winning a bidding war against energy bourse IntercontinentalExchange Inc .


Read more at Reuters.com Hot Stocks News

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