Analysis of information sources in references of the Wikipedia article "Terrence A. Duffy" in English language version.
The Chicago Mercantile Exchange plans to go public this week, becoming the first U.S. financial market to sell stock in itself. The CME is expected to launch its initial stock offering after the close of trading Thursday on the New York Stock Exchange, with initial trading of the stock planned for Friday.
Over the six years of Duffy's tenure CME has embraced electronic trading, gone public, acquired its onetime largest competitor and increased daily volume from 2.2 million to 14 million contracts.
The CME had already come a long way before the merger. After decades of playing second fiddle to the older CBOT, it embraced electronic trading in the 1990s and converted from a member-owned cooperative to a stock corporation.
TERRENCE A. DUFFY '76 Executive Chairman and President, the CME Group.
CME Group's (CME) long-time CEO Terry Duffy wasn't kidding when he told TheStreet back in December he was nearing an acquisition.
During negotiations to move its trading system to Google Cloud, CME Group Chief Executive Terry Duffy made an investment in his firm key to a deal. "I wanted a partner, not just a cloud provider," Mr. Duffy said in an interview.
