Greg Burns

The thunderous shock came at 4:31 a.m., knocking an apartment building six feet off its foundation, tossing a 64-car freight train like a toy and buckling five major highways. Some...

In the first half of the 1990s, Fimat Banque had a seemingly unlimited appetite for the futures business. Hiring like mad, the Paris-based bank expanded its listed-derivatives arm from 360...

Federal investigators armed with search warrants have descended on Allstate Insurance Co. offices in three states, including its Northbrook headquarters, in a criminal probe related to the 1994 California earthquake,...

Amid the celebration of the Chicago Board Options Exchange's 25th anniversary last week, floated a whiff of fear. Since the 1987 market crash, U.S. stock prices have soared beyond almost...

So is computerized trading better than traditional open-outcry? In France, the answer appears to be oui. Two weeks ago, the Matif exchange in Paris began trading its major futures products...

As a 5-year-old in 1963, Earl Combs IV remembers his father giving him an oversized trading jacket and taking him to meet the fellows in the bustling pits. It was...

At one level, the Chicago Board of Trade's deal announced last week with the German and Swiss exchanges of Eurex is admirably expedient. Rather than spend a fortune to upgrade...

Like surfers catching the perfect wave, corporate dealmakers are enjoying nirvanalike conditions, and Chicago is feeling the rush. On Monday, more than a half-dozen deals came together nationally and in...

So which is the "incredible expanding exchange"? Nasdaq? Guess again. According to the Chicago Stock Exchange, which last week urged members and staff to wear lapel buttons bearing that slogan,...

In the nearly three years since Robert Forney took over as chief executive, the Chicago Stock Exchange, or CHX, has been the incredible shrinking marketplace. Its head count has plunged...