TITLE

Market Ready to Embrace Futures Competitor, Says ELX's New CEO

AUTHOR(S)
JAWORSKI, ALEXA
PUB. DATE
October 2008
SOURCE
Securities Industry News;10/20/2008, Vol. 20 Issue 36, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that ELX Electronics Liquidity Exchange has enlisted its chief executive officer (CEO) Neal Wolkoff to lead the company's effort to compete with futures company CME Group. According to Wolkoff, despite the economic crisis on Wall Street, he focused on a very positive situation at ELX. In an interview with the "Securities Industry News", Wolkoff expanded on the strategic thinking behind ELX and how the exchange plans to build liquidity and carve out a piece of the futures market.
ACCESSION #
35030038

 

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