Description
Book SynopsisIn 2007, a stranger-than-fiction multibillion-dollar bidding war for the Chicago Board of Trade (CBOT) erupted between the Chicago Mercantile Exchange (CME) and Atlanta's IntercontinentalExchange (ICE).
Zero-Sum Game: The Rise of the World's Largest Derivatives Exchange takes readers behind the scenes of this battle to tell the grippingand often comicalstory of how the historic merger between CME and CBOT almost didn't happen.
Author Erika S. Olson, a managing director at CBOT during the bidding war, delivers a blow-by-blow account of the fight for the world's oldest futures exchange, taking you inside CBOT's landmark Chicago Loop headquarters, onto the high-octane trading floor, and into executives' offices.
Through the lens of the CME/CBOT deal, Zero-Sum Game:
- Introduces the colorful and outspoken personalities who call the shots in this close-knit and frequently misunderstood industry
- Details the reasons behind the recent, spe
Table of Contents
Preface ix
Cast of Characters xiii
Chapter 1 Welcome to the Jungle 1
Chapter 2 Into the Groove 17
Chapter 3 This Is How We Do It 30
Chapter 4 Don’t Speak 46
Chapter 5 Wanna Be Startin’ Somethin’ 58
Chapter 6 Dirty Laundry 74
Chapter 7 Under Pressure 88
Chapter 8 ICE ICE Baby 102
Chapter 9 War 117
Chapter 10 Suspicious Minds 132
Chapter 11 Land of Confusion 147
Chapter 12 Fight for Your Right 161
Chapter 13 Down Under 177
Chapter 14 Take the Money and Run 192
Epilogue 208
Notes 221
Glossary 237
References 240
Acknowledgments 241
About the Author 247
Index 249
