News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

CME to challenge NYSE venue in Treasurys

Chicago exchange's new service closely resembles an effort from NYSE that targets CME's core business

CME Group announced yesterday a new service for fixed-income traders, responding to an anticipated competitive threat from NYSE Euronext expected to arrive next month.

CME aims to lower costs for investors who trade its interest rate futures markets alongside dealings in cash Treasurys, closely resembling a planned effort from the parent of the Big Board that targets CME's core business.

WSJ Logo