Cme Rate Increases And New Rules Concerning Proprietary Trading

Discussion in 'Prop Firms' started by chamillionaire, Feb 12, 2007.

  1. Ive been hearing rumors float around lately that the President and COO of CME Holdings, Phupinder Gill, is trying his best to force out local and Proprietary trading in CME products by not only proposing to substantially increase CME Fees, but also rid the CME of its proprietary "umbrella" policy.
    Does ANYONE have any idea as to the validity of this?
    Please, serious posters only.
     
  2. What are the reasons for the changes?
     
  3. giladbi

    giladbi

    he wants to make more money?