From Futures magazine (May 2000): David Downey, executive vice president at Interactive Brokers says customers trading on the CME's Globex system don't receive the same amount of information as local traders because his customers only can see the current bid and offer without seeing the orders underneath them. "It's the same interface being used. It's the same access into the matching engine except it's not equal access because one subset of the population out there has access to the book of data that all the other people don't have access to," Downey says. Do locals still have this "special" access to Globex order book? For example, can you see five best bids and offers and their sizes on your screen? If not, is that kind of information important to you? I am working on a paper that looks at the e-mini markets. Locals have an edge in e-minis if only because they have direct access to the open outcry pits. If they also have better access to the Globex book, it must be hard to compete with them. I understand that locals have to pay for their seats but still there seems to be a fairness issue here. What do you think?