The free-market capitalists in Chicago, Washington D.C. and congress should be ashamed of themselves. The amount of hypocrisy in the land is amazing. Look at similar nonsense in the farm-subsidy arena. Quite sad.
Another interesting little factoid. . . . . . Eurex is owned by Deutsche Boerse. . . . . . which, in turn, is a publicly held company in which a relatively large interest is held by US and UK institutions. Go figure. . . . .
Do you know how much particular in the US? Also is it in mutual funds, banks etc? I would like to know who controls most of the DB.
The CBOT is going over to LIFFE Connect which is supposed to be able to update much more frequently than Eurex and is supposed to be able to handle spreads which a/c/e can't do that well.
FIA letter to the CFTC ... re: US Futures Exchange LLC http://www.cftc.gov/files/submissions/comments/comdcm037fia.pdf