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Futures Exchanges

May 5, 1989 | KAREN TUMULTY and DOUGLAS FRANTZ, Times Staff Writers
Another criminal probe of the commodities industry surfaced Thursday when federal agents descended on New York's major futures exchanges, issuing subpoenas to traders and executing search warrants to obtain documents. The subpoenas sought information on at least 47 members of four of the city's five futures exchanges as part of an investigation into the markets, where contracts worth hundreds of millions of dollars are traded daily in commodities ranging from heating oil and gasoline to gold and cotton.
March 14, 1989 | From Reuters
The Irish Futures and Options Exchange, Dublin's first new financial market in almost 200 years, will begin a dummy run Wednesday to prepare for going live in mid-April, officials said Monday. The exchange, or IFOX, has decided to reject the "open outcry" systems favored in London and Chicago and will instead use an automated trading system for its 23 members.
February 12, 1988 | From Reuters
U.S. regulators and stock and futures exchange leaders have launched an unprecedented series of private meetings to discuss how to prevent another stock market crash, government sources said Thursday. The meetings mark an unusual degree of coordination among regulators and exchanges and could reflect their willingness to respond to calls from Congress and a presidential task force for a more unified regulatory structure. Securities and Exchange Commission Chairman David S.
February 16, 1986 | MICHAEL A. HILTZIK, Times Staff Writer
Soon after New Year's, the Chicago commodities firm of Rosenthal & Co. announced plans for an innovative program for individual investors interested in buying into the Treasury-bond market. The firm gave its product the fanciful and benign-sounding name of BAMBI.
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