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Wednesday, Jan 4
2012, 4:15 PM
CME Group and Intercontinental Exchange (ICE) say trading slumped in December with analysts...
CME Group and Intercontinental Exchange (ICE) say trading slumped in December with analysts blaming the fall on MF Global's collapse. Boding ill for the future is the Fed's decision to be even clearer about the direction of short-term rates, possibly chilling the action in the mighty Eurodollar contract - why hedge when the Fed tells you what it's going to do?