LOOSE CHANGE

LOOSE CHANGE

The Twin Cities Board of Trade has reportedly formed a pact with the Chicago Board of Trade’s Board of Trade Clearing Corp. (BTCC). The TCBT, which is still awaiting approval from the Commodity Futures Trading Commission to trade a pound/Deutsche mark futures contract, will use the BTCC to process all trades executed at the exchange.

From the rumor mill: Fanned by Citicorp executive’s statement at a recent analysts meeting concerning the bank holding company’s investment in Quotron Systems

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