Chicago bulls

摘要

More than two decades ago Terry Duffy and Charles Carey both got their start in life trading hog futures in the chaotic open-outcry pits of Chicago, places dominated by burly men with loud voices and sharp elbows. On October 17th the two chairmen did the trade of their lives: they shook hands on an $8 billion deal in which the Chicago Mercantile Exchange (CME) would buy the Chicago Board of Trade (CBOT). They aim to create the world's biggest financial marketplace, allowing investors to buy and sell financial futures in everything from interest rates to government bonds, stock indices, currencies, gold and, yes, pork bellies. With one smart move, the Chicago boys have sent waves around the world.