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In the Footsteps of Nasdaq At Chicago Stock Exchange

Traders Magazine, March 2005

Peter Chapman

The Chicago Stock Exchange may soon have a broker dealer affiliate as it pursues a new direction. This comes as its organizational structure goes from a non-profit, non-stock, member-owned corporation to a wholly-owned subsidiary of CHX Holdings, a Delaware registered, for-profit stock holding company. The historic change occurred last month following approval of the CHX demutualization plan by the Securities and Exchange Commission.

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