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  • Capitalists Go on Strike in Chicago

    04/15/2012 10:16:29 AM PDT · by Kaslin · 2 replies
    Townhall.com ^ | April 15, 2012 | Jeff Carter
    This week, traders at the CME walked off the floor to protest policies that some see benefiting the big traders.   Other walk offs have happened in the history of exchanges around the world. I recall one in France, London, and Australia respectively. In this day and age of computerized trading, if the floor traders quit, there are others that will make a market. They are slitting their own throat.However, in the options market, it’s a bit different. Options have not made the jump to the screen yet. (Remember, we are talking futures, not stock options). The pit has cheaper...