Erika S. Olson

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Zero-Sum Game: The Rise of the World's Largest Derivatives Exchange

by Erika S. Olson

In 2007, a stranger-than-fiction multibillion-dollar bidding war for the Chicago Board of Trade (CBOT) erupted between the Chicago Mercantile Exchange (CME) and Atlanta’s IntercontinentalExchange (ICE). Zero-Sum...