On the surface, John Sievwright's new job heading Merrill Lynch operations in Japan looks like a chance to board the Titanic just as it hits the iceberg. After all, the...
For 18 years, J. Michael Gorham jazzed around the world promoting the Chicago Mercantile Exchange. Now, five months after the Merc dumped him in a sweeping revamp, he's still jazzing...
The wording in the letter requesting an "urgent business transaction" looked just rough enough to possibly be authentic. All the way from Nigeria, it arrived unsolicited on the fax machine...
Chicago's futures exchanges are on thin ice as they prepare to do battle with federal regulators who want to ban dual trading. To be sure, exchange members don't like the...
The ad business is famous for buzzwords like integrated marketing, guerrilla marketing and even ambush marketing. But banana marketing? Welcome to the slick world of product cross-promotions, where marketers band...
Futures industry big shots who are negotiating common trade-clearing in Chicago might be tempting fate by excluding the New York Mercantile Exchange. The last time they barred the No. 3...
Watch for a big revision in the circuit breaker rules that shut down U.S. securities markets when the Dow Jones industrial average plunges. A change could come as soon as...
Even as the Sydney Futures Exchange prepares to switch from open-outcry trading to screen-based trading, chief executive Les Hosking is quick to point out that what's right for Australia might...
The merger of Salomon Brothers and Smith Barney is creating a quintessential New York firm, with some big decisions to make about its Chicago operations. But while it's still uncertain...
The El Nino weather phenomenon may wreak havoc elsewhere, but for Chicago it's a pretty good deal. As a direct result of warm ocean currents developing off South America, the...