Greg Burns

Having downed a bitter dose of financial medicine from the International Monetary Fund, South Korea is planning to subject its crisis-torn economy to another elixir of capitalism: futures. The Korea...

It may be autumn on the calendar, but for Commodity Futures Trading Commission Chairman Brooksley Born, spring is in the air. The collapse of hedge fund Long-Term Capital Management has...

One of the Chicago Mercantile Exchange's worst nightmares is set to materialize just after Halloween. The computerized trading system of the EBS Partnership will be targeting the Merc's flagship Eurodollar...

The Federal Reserve-engineered bailout of the Long-Term Capital Management hedge fund last month leaves questions that will haunt the markets long past Halloween. The answers could be even scarier. For...

For an ominous vision of the future, Long-Term Capital Management's John Meriwether might want to visit a fellow disgraced hedge-fund manager also based in the wealthy Connecticut suburbs. Victor Niederhoffer...

After months of hand-wringing over the launch of the rival Cantor Exchange, Chicago Board of Trade members had the supreme pleasure of watching it fall flat in its first two...

Even before the Chicago Board of Trade and Chicago Mercantile Exchange officially scuttled their common-clearing deal last week, some prominent members were straining to fix the blame on the other...

It's no secret that the common-clearing deal forged in March between the Chicago Board of Trade and the Chicago Mercantile Exchange is running into trouble. Just a month after Board...

The latest merger talks between the Chicago Board of Trade and Chicago Mercantile Exchange are said to have started in earnest when the Merc dangled its Globex 2 system as...

The Commodity Futures Trading Commission's no-action letter issued in 1996 to Eurex Deutschland ranks among the federal regulator's biggest giveaways. Alone among foreign bourses, the fast-growing, all-electronic exchange--until recently known...