date:Oct 19, 2012
MGEX options are traded electronically as well as by open outcry.
However, the volume of trade in Minneapolis has long trailed that of the KCBT and the CME Group.
A former outside member of the KCBT board of directors who declined to be named said that CME's purchase of the KCBT meant it would only be a matter of time before the Minneapolis is brought in.
Traders said MGEX membership prices remained well below their 2008 peak of $289,000, with the latest membership bid posted Wednesday at $8