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Exchanges Looking for Cash

Traders Magazine, August 2001

Colleen Marie O'Connor

Securities exchanges in the U.S. are still attracted by the lure of public liquidity - despite the tepid IPO market. One recent example is the Chicago Mercantile Exchange Inc. (CME). In a filing with the Securities and Exchange Commission, the CME, the largest American futures exchange, said it would ask shareholders to vote on a planned reorganization into a holding company.

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