eCBOT moves....

Discussion in 'Financial Futures' started by FredBloggs, Nov 16, 2005.

  1. FredBloggs

    FredBloggs Guest

    jeepers creepers!!......

    how many of you assumed ecbot was in chicago...


    Move Provides Greater Transaction Speed

    October 31, 2005 – The Chicago Board of Trade (CBOT®) announced that it has successfully completed the implementation of its North American Trading Host, moving the site of the trading host for the Exchange’s electronic trading platform, e-cbot, powered by LIFFE CONNECT®, to Chicago from London.

    Moving the trading host to Chicago was one of the key initiatives in the Exchange’s overall technology strategy. The strategy’s main focus included adding new functionalities to e-cbot that increased the speed and efficiency of transactions moving through the system, as well as additional trading capabilities in response to customer demand following the launch of the e-cbot platform in 2004. Moving the trading host to Chicago and extending the hours of operation on e-cbot from 21 to 22 hours were also critical components of the overall rollout strategy.
  2. Am suprised that it was not run from the Philippines or India. Physical location is not important these days.

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