Commodity Cbot
In 2002 the Commodity Cbot together with OneChicago started trading futures contracts on individual stocks. In January 2003, the Board of Directors had approved the introduction of technology LIFFE CONNECT, considerably simplifying the conduct of electronic trading. on April 16, Commodity Cbot and CME signed the agreement that the CME will perform clearing and associated procedures on all products listed on the CBOT. The transition to the new electronic trading system and third-party algorithm clearing was completed on 2 January 2004.
on April 14, 2005 at the meeting of the Board of Directors it was decided to restructure the stock exchange, making it a status of a commercial joint-stock holding company and commercial membership of the exchange of the organization. on October 19 at the public offering IPO on the NYSE was billed 3.2 million shares CBOT at a price of $54,00 for the paper. On the first day of trading the stock jumped by 49%, closing at a level of $80,50.
October 17, 2006, CME and CBOT announced the merger and the creation of the holding company CME Group. As a result of the merger, which was completed on July 12, 2007. all of the major classes of assets became available for trading in the unified trading platform. Now on the stock exchange is actively developing trade swaps and is block-trading - are clearing transactions of a large volume of concluded out of the market.
