What is your thinking here? Did CME overpay for CBOT? http://online.wsj.com/article/SB118401341118361243.html?mod=yahoo_hs&ru=yahoo
Yea, get ready for huge rate hikes until some other exchange creates contracts that can compete with Treasurys, Eurodollars, and the indices. How is this not a blatant breach of anti-trust? CME/CBOT now has a complete monopoly on US Interest rate futures (2 yr, 5yr, 10yr, 30 yr, Eurodollars), US stock index futures (YM, ES, NQ, ER), Agricultural futures. Am I missing something here?