| From Pionline.com: The financial crisis that has blunted growth in CME Group Inc.’s futures business also presents Chief Executive Officer Craig Donohue with the opportunity to seize a market worth up to $400 million a year in new revenue — but he’ll have to outfox a powerful rival, overcome Wall Street distrust of Chicago exchanges and perform a nifty dance step with resurgent regulators.
He’ll also have to be quick. Just last week, New York Federal Reserve officials were in Chicago checking CME’s progress in creating a new fund to guarantee trading in credit-default swaps, the insurancelike contracts that emerged as prime culprits in the credit meltdown..... Full Article: Source
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