date:Oct 19, 2012
not name them.
CME's purchase of the KCBT comes five years after it beat rival ICE in a bidding war for the Chicago Board of Trade and came as little shock to most dealers. The surprise, instead, was that Kansas City fell first.
I thought Minneapolis would be the first to be gobbled up, said Ken Smithmier, market analyst for The Hightower Report, a Chicago-based research and advisory firm.
But Thomas Caldwell, CEO of Toronto-based Caldwell Asset Management, whose firm owns 13 seats at the KC