Industry news
Date: Jul 21, 2025
CME chief Duffy, once a floor trader himself, defends data center shift in trader lawsuit
First Read Hits & Takes John Lothian & JLN Staff In today’s lead story, Mark Weinraub of Crain’s Chicago Business reports that CME Group CEO Terry Duffy defended the firm’s move to electronic trading and its Aurora data center amid a $2.1 billion lawsuit brought by former floor traders. Testifying in federal court, Duffy argued […]
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