Dollars and Jens
Wednesday, February 04, 2004
 
CFTC staff urge OK of Eurex US
U.S. Commodity Futures Trading Commission staff recommended on Wednesday the commissioners approve Eurex's application to set up an exchange in the American market that will provide new competition for the Chicago Board of Trade.

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The commissioners, due to meet from 10 a.m. (1500 GMT), usually adopt staff recommendations, said one agency official.

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Eurex, jointly owned by Deutsche Boerse and the Swiss stock exchange, plans to open its U.S. exchange Feb. 8.




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