Registered: Apr 2002
07-03-12 03:21 AM
Quote from bidask201:
I wonder if there will be pressure on the CME to move part of globex (eg ES) to the nj/nyc area for the same reason.
Not with the New York and New Jersey tax treatment. CME just got a sweetheart deal from Illinois to stay, as there was much talk about CME moving to a Southern state.
Unless you were to see futures on individual stock names reappear, no latency issues IMO for the CME in terms of NY. Hell, aren't you reading all the press about NYC's decline in prestige and presense in terms of international financial markets ?
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