Sunday February 23, 2020

Chicago Exchange nixes plan for Irish unit

CME Group announced last week that it will close its London-based derivatives exchange and clearing house by the end of the year

Barry J Whyte

Chief Feature Writer

@whytebarry
16th April, 2017

The company which owns the prestigious Chicago Mercantile Exchange has dropped plans to set up a trading operation in Dublin.

CME Group – which operates the Chicago Mercantile Exchange, the Chicago Board of Trade and the New York Mercantile Exchange – announced last week that it will close its London-based derivatives exchange and clearing house by the end of the year.

There were hopes that the group, which runs one of the biggest exchanges and...

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