DOCSLIB.ORG

Roger Corrado

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Roger Corrado The Wall Street Fixer: Roger Corrado The Wall Street Fixer: Roger Corrado [Start of recorded material] 00:00:00 Roger Corrado: New York people won't bow down to anybody. Nobody's going to knock us down, you know? It's just like -- we just get up, dust ourselves off and fight, and keep going. Jenny Pachucki: From the 9/11 Memorial & Museum, this is Our City. Our Story. a series where New Yorkers talk about their city, what it means to be a New Yorker, and how September 11th changed that. I'm Jenny Pachucki. 00:00:25 Roger Corrado is one of those old-school Italian guys who was born and raised in Hoboken. He's a big guy with a big heart, and has recently retired from a successful career trading on Wall Street. He may not see himself this way, but as far as New Yorkers go, Roger Corrado could be straight out of Central Casting. This is a point of personal fascination to me. How do New Yorkers see themselves as New Yorkers, and what exactly does that mean? 00:00:52 I think people from outside of the city have their ideas of New York characters. What's a "New Yorker" to you? Roger Corrado: I think the most surprising thing that people would say, and maybe you realize this too, is how actually courteous and friendly New Yorkers are. I think people come to New York with the fear for the first time that it's like a rough-and-tumble type town. The problem being maybe our accents are a little -- you know, and I did some CNBC work when I was vice chairman of the exchange; I did TV. 00:01:20 And It's funny; they used to tell me, "You have to tone down your accent." And I would be like, "What accent?" Jenny Pachucki: Corrado talked about his long relationship with the World Trade Center. He watched the towers rise from Hoboken, and when he was 19 he started working on Wall Street. By September 2001, he was working as the vice chairman of the New York Board of Trade in an office located in Four World Trade Center. What do you remember about the World Trade Center? 00:01:48 Roger Corrado: From '81 to 2001 I was literally working in Four World Trade Center. Four World Trade Center was literally attached to the South Tower, so it was pretty much -- what does that span? About 20 years of my life in the Trade Centers. We did a lot of business; companies I had worked for were housed in the Towers. I did go to the World Trade Center. I did go to Windows of the World. I took my children to the observation deck. 00:02:14 So it really was a structure that was a part of me, growing up as a kid, remembering basically the Towers going up, and then spending 20 years of my working life in them. Let's just say they were something very special in my life. Jenny Pachucki: This relationship with the World Trade Center and so much more would change on September 11, 2001. But actually, Corrado's September 11 story started on Monday, September 10. 00:02:44 Roger Corrado: I went to a Yankee game the night before. There was big sports going on; the Yankees were doing well. Roger Clemens was going for his 20th victory against the Red Sox that day, and the Giants were on Monday night playing in Denver, so it was a big sports night. But we went out -- we meaning a group of traders that all worked with me in Four World Trade Center. We met at Yankee Stadium. 00:03:09 And people don't realize because the morning of September 11 was a spectacular, gorgeous day -- no humidity, it was crystal clear, blue skies -- so people don't realize the night before there were terrible thunder showers. It was really a lot of rain and everything, and it probably just cleared the way for such a beautiful day for the next day. But for my thing, it was like we got rained out of the game so we wound up going to a steak place. We probably drank too much. 00:03:37 Jenny Pachucki: This is a story that I have so often heard. People who were rained out of the Yankees game resorted to watching the New York Giants play the Denver Broncos. It was an away game in Denver. The game went late, past midnight on the East Coast, and there was a lot of action in the fourth quarter. So consequently, the morning of September 11, a lot of people were running behind. And this is one of those mornings when running 20 minutes late to work could -- and did -- mean the difference between life and death. 00:04:06 Roger Corrado: So I was running a little late. I mean I had taken my kids to school. I was probably -- you know, I would always meet a couple of friends in this neighborhood bagel store, which is still there on 7th and Washington in Hoboken. But that morning, my phone was going off and I was getting messages, and I didn't even pick up. So now I hop in; I take the one call which was from an associate of mine who was already in our offices at Four World Trade on the ninth floor, not on the trading floor. We had a private office upstairs, one floor above. 00:04:35 And he had informed me that a small plane hit one of the towers, the first tower. So I think he, as anybody else who then I spoke to, thought it was just an accidental thing, you know? No suspicions even arose at that point. So I proceeded to hop in my car and rush down to the PATH trains in Hoboken. Now I parked my car literally right by the entrance to the PATH trains. 00:05:00 I'm running over to get on the train, and I hear the roar of a jet, literally over our head, and proceeded to watch it just smash right into the second tower. Jenny Pachucki: He got in touch with the people in his office while he still had cell reception, picked up his kids from school and took them to his father's house, and then went to the local cigar store that he had designated as the meeting point for the people in his firm. Luckily, everyone survived. 00:05:27 After that, he found himself asking the same question that so many New Yorkers were asking themselves at that moment. "What do I do now?" Roger Corrado: You know, I guess the first thing as an exchange or as an individual, you want to be resilient. Think of it like -- I guess you want to be battle ready, you want to be proving, like, "Okay, you just did something terrible to us, but we're still standing." 00:05:53 You know, we had a recovery facility, which we had built in 1994; we had purchased space in Long Island City, Queens, because of the bombing from 1993. So now we were already making a move to send over our tech guys and get the Verizon people set up. We were actually ready to trade Tuesday night by 10:00 p.m., so if we had to have an emergency session -- because we were world markets. Jenny Pachucki: The September 11 attacks were attacks on United States symbols. 00:06:23 Terrorists targeted places that represented our centers of capitalism, military, and likely our government. And the threat to Wall Street was very real. The market didn't open on September 11, and it remained closed until Monday, September 17 -- the longest closing since 1933. Lower Manhattan was like a war zone, and the effort to reopen Wall Street and prevent the collapse of the economy was monumental. 00:06:50 It involved the work of multiple agencies and individuals, from the sanitation workers who cleared the area of dust and debris, to those who worked to restore power and utilities, to the NYPD officers who greeted workers as they arrived. On the morning of September 17, six days after the most significant terrorist attack in our country's history, first responders rang the New York Stock Exchange and NASDAQ opening bells. 00:07:15 Roger Corrado: Come Monday, it was kind of like back to business. So Monday the 17th we literally opened our -- we went that weekend. I mean you're talking only a few days after the 11th, so we went on Saturday and Sunday. You tested your phone lines. We had to devise, being -- let's say in the World Trade Centers we had let's say 20 trading pits; in the recovery place we had three trading pits. So now you had to do almost like a coal miner shift. 00:07:43 You had to come in shifts, so sugar would be let's say from 11:00 to 12:00, and coffee would be from 12:00 to 1:00 and orange juice would be like from 3:00 to 4:00. I guess, in a sense, that also helped me, because if I didn't have that, if we didn't have the recovery facility -- if you were like, "Okay, what are you doing now?" "Oh, take some time off and sit at home." I'm not that type.
Load more

Recommended publications
  • Market Data Services New York Board of Trade (NYBOT)
    Prepared Statement of Jack Sabo Vice President – Market Data Services New York Board of Trade (NYBOT) Before the Senate Subcommittee on Federal Financial Management, Government Information, and International Security Field Hearing on “Ensuring Protection of American Intellectual Property Rights for American Industries in China.” November 21, 2005 Chairman Coburn, I appreciate the opportunity to appear before you today to discuss the challenges faced by the U.S. financial community – and, in particular, the New York Board of Trade -- due to piracy of real time market data in China. While the issue of piracy in China is often dominated by high profile industries such as motion pictures, recordings, software and publishing, Chinese piracy also affects the financial industry by robbing exchanges of fees from the sale of market data and by robbing customers from licensed market data vendors, such as Bloomberg, e-Signal, and others. Market data provided by derivative exchanges is vital information used by the global financial industry which includes brokerage houses, banks, fund managers, cotton, coffee, sugar, cattle, corn, orange juice brokers, and many more. They depend on reliable information, whose integrity can be undermined through unauthorized access and piracy of this data. Revenue from market data fees can be as much as 25% of total exchange revenue. As New York’s original futures exchange, the New York Board of Trade (commonly referred to as “NYBOT”) is an historic part of the financial community. It is a traditional futures exchange where traders buy and sell futures on Coffee, Sugar, Cocoa, Cotton, Orange Juice, wood pulp and a variety of financial instruments such as the US Dollar Index.
    [Show full text]
  • Market Information – Glossary of Terms Centrifuge. a Perforated
    Market Information – Glossary of Terms Centrifuge. A perforated appliance which spins inside a casing to separate sugar crystals from molasses. Sugar that has come through a centrifuge is centrifugal sugar. Chicago Board of Trade (CBOT). Established in 1848, it is the oldest financial futures and options exchange in the world and situated in Chicago, Illinois. In 2007, the Chicago Board of Trade merged with the Chicago Mercantile Exchange to form the CME Group. Some its commodity futures prices (such as wheat, soya beans and maize) form the principal world price benchmarks. Contract expiry. The date at which trading a particular futures contract ends and becomes either physically or cash settled. For the New York No. 11 raw sugar contract this is the last trading day of the month prior to the delivery month. For the London No. 5 white sugar contract it is sixteen calendar days before the first day of the delivery month. Free on Board (FOB). A term requiring the seller to deliver goods on board a vessel designated by the buyer. The seller fulfils their obligation to deliver when the goods have passed over the ship's rail. Generally, a seller has an obligation to deliver goods, and assume the costs of delivery to a named place for transfer to a carrier, such as a ship. EU sugar regime. In 2006 a major reform achieved simplification and greater market orientation of the EU's sugar policy. The total EU production quota of 13.5 million tonnes of sugar is divided between nineteen Member States, of which the UK’s share is 1.056mt.
    [Show full text]
  • After a Five-Year Rally, the Commodities Market Has Turned Ugly. As Prices
    Blo o m b e r g M a r ke t s COMMODITIES 120 November 2006 CRUNCH By Edward Robinson ‚At 7:55 a.m., five minutes before the opening bell, An- thony Compagnino and Michael Ragazzo huddle in their office on the New York Board of Trade floor—a booth with a dozen telephones and no chairs—to plot their next move in the cocoa pit. “I should have picked a less stressful job, like bomb defusing,” says Ragazzo, a com- modities broker at East Coast Options Services. After five years, the rally in commodity prices has hit a wall. For two days, Ragazzo and Compagnino, his boss, have been selling cocoa futures as prices have plummet- ed 15 percent. Hedge funds that have been riding the richest commodities boom in a generation have dumped cocoa en masse, upending the market. Now, on July 19, the guys at East Cost Options agree that the worst is over. Compagnino, 46, wearing a blue and gold trader’s jacket, hustles to the top rung of the cocoa pit, the tiered ring where trading takes place. Ragazzo, 48, in a matching coat, takes up a position nearby, a phone to each ear. The bell sounds—and all hell breaks loose. One floor broker barks a bid to buy cocoa for September delivery for $1,517 a metric ton. Another hollers an offer to sell at $1,507. The traders down in the pit can’t settle on a price. Compagnino starts selling. “Thirty Seps at 18! Thirty Seps at 18!” Compagnino thunders, offering to sell 30 September contracts on cocoa for $1,518 per ton.
    [Show full text]
  • From 9/11 to 8/29: Post-Disaster Recovery and Rebuilding in New York and New Orleans
    From 9/11 to 8/29: Post-Disaster Recovery and Rebuilding in New York and New Orleans Kevin Fox Gotham Miriam Greenberg Social Forces, Volume 87, Number 2, December 2008, pp. 1039-1062 (Article) Published by The University of North Carolina Press DOI: 10.1353/sof.0.0131 For additional information about this article http://muse.jhu.edu/journals/sof/summary/v087/87.2.gotham.html Access Provided by Tulane University at 04/20/11 3:40PM GMT From 9/11 to 8/29: Post-Disaster Recovery and Rebuilding in New York and New Orleans Kevin Fox Gotham, Tulane University Miriam Greenberg, University of California, Santa Cruz This article examines the process of post-disaster recovery and rebuilding in New York City since 9/11 and in New Orleans since the Hurricane Katrina disaster (8/29). As destabilizing events, 9/11 and 8/29 forced a rethinking of the major categories, concepts and theories that long dominated disaster research. We analyze the form, trajectory and problems of reconstruction in the two cities with special emphasis on the implementation of the Community Development Block Grant program, the Liberty Zone and the Gulf Opportunity Zone, and tax-exempt private activity bonds to finance and promote reinvestment. Drawing on a variety of data sources, we show that New York and New Orleans have become important laboratories for entrepreneurial city and state governments seeking to use post-disaster rebuilding as an opportunity to push through far-reaching neoliberal policy reforms. The emphasis on using market-centered approaches for urban recovery and rebuilding in New York and New Orleans should be seen not as coherent or sustainable responses to urban disaster but rather as deeply contradictory restructuring strategies that are intensifying the problems they seek to remedy.
    [Show full text]
  • Execution Venues Equities and Fixed Income
    UBS AG London Branch 5 Broadgate London EC2M 2QS United Kingdom UBS Europe SE OpernTurm Bockenheimer Landstraße 2-4 60306 Frankfurt am Main Germany www.ubs.com/ibterms Execution venues Equities and fixed income Version: December 2020 For information about our investment bank entities, visit www.ubs.com/ibterms Execution venues This is a non-exhaustive list of the main execution venues that we use outside UBS and our own systematic internalisers. We will review and update it from time to time in accordance with our UK and EEA MiFID Order Handling & Execution Policy. We may use other execution venues where appropriate. Equities Cash Equities Direct access Aquis Exchange Europe Aquis Exchange PlcAthens Stock Exchange BATS Europe, a CBOE Company Borsa Italiana CBOE NL CBOE UK Citadel Securities (Europe) Limited SI Deutsche Börse Group - Xetra Euronext Amsterdam Stock Exchange Euronext Brussels Stock Exchange Euronext Lisbon Stock Exchange Euronext Paris Stock Exchange Instinet Blockmatch Euronext DublinITG Posit London Stock Exchange Madrid Stock Exchange Nasdaq Copenhagen Nasdaq Helsinki Nasdaq Stockholm Oslo Bors Sigma X Europe Sigma X MTFTower Research Capital Europe Limited SI Turquoise Europe TurquoiseUBS Investment Bank UBS MTF Vienna Stock Exchange Virtu Financial Ireland Limited Warsaw Stock Exchange Via intermediate broker Budapest Stock Exchange Cairo & Alexandria Stock Exchange Deutsche Börse - Frankfurt Stock Exchange Istanbul Stock Exchange Johannesburg Stock Exchange Moscow Exchange Prague Stock Exchange SIX Swiss Exchange Tel Aviv Stock Exchange Structured Products Direct access Börse Frankfurt (Zertifikate Premium) Börse Stuttgart (EUWAX) Xetra SIX Swiss Exchange SeDeX Milan Euronext Amsterdam London Stock Exchange Madrid Stock Exchange NASDAQ OMX Stockholm JSE Johannesburg Stock Exchange OTC matching CATS-OS Fixed Income Cash bonds Via Bond Port Bloomberg EuroTLX Euronext ICE (KCG) BondPoint Market Axess MOT MTS BondsPro 1 © UBS 2020.
    [Show full text]
  • Download Cotton Market Information
    Cotton No.2 Intercontinental Exchange® (ICE®) became the center of global trading in “soft” commodities with its acquisition of the New York Board of Trade (NYBOT) in 2007. Now known as ICE Futures U.S.®, the exchange offers futures and options on futures on soft commodities including coffee, cocoa, frozen concentrated orange juice, sugar and cotton. Cotton futures have traded in New York since 1870, first on the New York Cotton Exchange, then on the New York Board of Trade and now on ICE Futures U.S. Options on cotton futures were introduced in 1984. Futures and options on futures are used by both the domestic and global cotton industries to price and hedge transactions. Because cotton is at the center of the global textiles industry, it is a preferred contract among commodity trading advisors and hedge funds. ICE Futures U.S. is the exclusive global market for Cotton No. 2 futures and options. A BRIEF HISTORY OF COTTON IN COMMERCE the economy in the American south, the perpetuation of slavery and Cotton is grown widely around the world and has been used for ultimately the American Civil War. at least 7,000 years. While the oldest archaeological fragments have been found in Mexico, the Indus valley in modern Pakistan Cotton was so critical to British and French industries at the time was the first commercial cotton-growing center. Alexander the that both countries contemplated intervening on behalf of the Great brought cotton back from the Indus Valley into the Hellenistic Confederacy during the Civil War, their opposition to slavery world.
    [Show full text]
  • Sugar No. 1 1® and Sugar No
    Sugar No. 1 1 ® and Sugar No. 16® IntercontinentalExchange® (ICE®) became the center of global trading in “soft” commodities with its acquisition of the New York Board of Trade (NYBOT) in 2007. Now known as ICE Futures U.S.®, the exchange offers futures and options on futures on soft commodities including coffee, cocoa, frozen concentrated orange juice, cotton and sugar, including the benchmark for global price discovery, the Sugar No. 11® contract. Sugar futures have traded in New York since 1914, beginning with the predecessors of ICE Futures U.S.: the Coffee, Sugar and Cocoa Exchange and the New York Board of Trade. Options on sugar futures were introduced in 1982. Futures and options on futures are used by the global sugar industry to price and hedge transactions. In addition, sugar’s role in ethanol production increasingly makes it both an energy commodity and a food commodity, and no exchange is positioned better to take advantage of this dual role than ICE Futures U.S. Finally, the deep and liquid nature of the sugar market has made it a favorite of commodity trading advisors and hedge funds. THE SUGAR MARKET for corn. This efficiency derives from a biochemical quirk involving Nearly all sugar in world commerce today is sucrose derived from the photosynthetic arrangement of four carbon atoms (instead of either sugar cane or sugar beets, accounting for about 70% and 30% three), and allows the sugar cane to pull vast quantities of carbon of world production, respectively. The resulting sugar is the same dioxide out of the air. The ability of the sugar cane plant to capture regardless of source.
    [Show full text]
  • An Investigation Into the Impact of Financial Investment on Coffee Price Behaviour
    Working Paper No 2009/7 MARCH 2009 The New Price Makers: An investigation into the impact of financial investment on coffee price behaviour Susan Newman * ABSTRACT The collapse of the international commodity agreements in the 1980s, together with the liberalisation of marketing systems in commodity exporting developing countries under structural adjustment programs have removed the role of the state in the pricing of commodities. The logic of liberalisation was to remove impediments to the efficient market discovery of commodities prices where state intervention was seen as the main culprit. Mainstream economics has also promoted the role of derivatives exchanges in efficient price discovery on physical markets in international commodity markets with globally fragmented production. By rapidly exploiting opportunities to profit from price deviations between futures and spot markets, rational and informed speculators are seen to drive any price deviations in the market quickly to the equilibrium price that reflect international supply and demand realities. Such a view, however, fails to consider the role of differentiated market participants on international exchanges in driving commodity prices, by assuming that all trading activities are efficiency enhancing irrespective of the motives behind them. There has been much media interest in the role of speculation on commodity prices, in particular food commodities, over the recent months. There has, however, been very little systematic evidence gathered on the extent to which speculative activities affect prices of exchange traded commodities. Using the example of international prices for coffee, this paper shows that increases in trading activities by non-physical market actors for the purposes of financial investment have led to a dislocation between prices on international exchanges and supply and demand realities.
    [Show full text]
  • Agricultural Commodity Futures Contract Specifications
    Agricultural Commodity Futures Contract Specifications his guide provides information about commodity example, corn is traded in full contracts (5,000 bushels) exchange markets and contract specifications for and mini-contracts (1,000 bushels) both on the CME selectedT agricultural commodities common to Missouri. Group’s CBOT trading floor and through their As an agricultural producer or agribusiness person, you electronic exchange system, GLOBEX. You should be need to have a clear understanding of the operation of the aware of the difference in trading volume, or number exchange market and to know the exact specifications of of futures contracts traded during a given period of the commodity contract you are about to enter into. time, between these contracts. Lack of adequate trading volume can cause difficulty when entering or exiting the market; however, mini-contracts can be useful to those Agricultural exchange information lacking finances or the production quantity necessary to Commodity exchanges can make extensive buy or sell a full contract. information resources available to you. The Chicago Table 1 shows contract specifications for various Board of Trade (CBOT) and Chicago Mercantile agricultural commodities. The Futures column heading Exchange (CME), merged as the CME Group, have represents the commodity being traded. Contract size many free publications that explain topics ranging from refers to the size of the contract being traded. Price quote the duties of a floor trader to understanding and using refers to the units in which the price is quoted. basis information. Much of this information is available on the websites of the various commodity exchanges. Deliverable vs.
    [Show full text]
  • Intercontinental Exchange Investor Day June 2, 2017
    INTERCONTINENTAL EXCHANGE INVESTOR DAY JUNE 2, 2017 1 Transparent Financial Strategic Framework Connecting the Modernizing Data Virtuous Cycle: Trading, NYSE: Leading Global Strategic Growth Speaker Bios & Welcome & Overview Sales Transformation Framework for M&A / Integration Financial Landscape Solutions Clearing, Information Equity Markets & Data Through Innovation Appendix WELCOME & OVERVIEW Kelly Loeffler SVP, Corporate Communications, Marketing and Investor Relations 2 INTERCONTINENTAL EXCHANGE Transparent Financial Strategic Framework Connecting the Modernizing Data Virtuous Cycle: Trading, NYSE: Leading Global Strategic Growth Speaker Bios & Welcome & Overview Sales Transformation Framework for M&A / Integration Financial Landscape Solutions Clearing, Information Equity Markets & Data Through Innovation Appendix AGENDA Time Topic 1:30 Welcome and Overview 1:35 Transparent Financial Framework 1:50 Strategic Framework for M&A and Integration: Connecting the Financial Landscape 2:15 Modernizing Data Solutions; Sales Transformation 2:40 Break 2:50 Virtuous Cycle: Trading, Clearing, Information 3:10 NYSE: Leading Global Equity Markets and Data 3:25 Strategic Growth Through Innovation 3:45 Q&A 4:30 Closing Remarks 3 INTERCONTINENTAL EXCHANGE Transparent Financial Strategic Framework Connecting the Modernizing Data Virtuous Cycle: Trading, NYSE: Leading Global Strategic Growth Speaker Bios & Welcome & Overview Sales Transformation Framework for M&A / Integration Financial Landscape Solutions Clearing, Information Equity Markets & Data Through Innovation Appendix FORWARD-LOOKING STATEMENT AND LEGENDS CAUTIONARY STATEMENT REGARDING FORWARD LOOKING STATEMENTS This presentation may contain “forward-looking statements” made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements regarding ICE’s business that are not historical facts are forward-looking statements that involve risks, uncertainties and assumptions that are difficult to predict.
    [Show full text]
  • ICE Coffee Markets Price Discovery Using Global Futures Markets
    ICE Coffee Markets Price discovery using global futures markets David Farrell Chief Operating Officer, ICE Futures U.S. November 2019 We began by transforming energy markets and expanded through innovation into new markets 2018 ICE adds BondPoint Coffee “C”, Cocoa and TMC to 2014 Sugar 11, FCOJ comprehensive ICE acquires majority stake bond trading offering and Cotton #2 in continental European clearing house, now ICE Clear 2016 2001 2009 Acquires Chicago Stock Netherlands; spins out Euronext ICE acquires Standard ICE expands into ICE acquires former Exchange, now NYSE & Poor’s Securities 2017 energy futures, Board of Trade Chicago 2007 Expands in Asia with Singapore Evaluations, Inc. ICE adds the Bank of acquiring the Clearing Corp; ICE acquires futures exchange and clearing & Credit Market America Merrill Lynch International launches 2 Launches Bakkt to bring New York Board of house Analysis. Global Research Petroleum Exchange, CDS clearing houses, trust and utility to digital Trade, now ICE division’s index now ICE Futures quickly becoming assets Futures US Adds SuperDerivatives, provider of Secures majority stake business to global Europe global leader analytics, valuation and data in MERSCORP index platform Acquires remaining Holdings stake in MERSCORP 2000 2002 2008 2010 2013 2015 2016 2017 2019 ICE forms from ICE introduces ICE enters credit ICE expands reach in ICE acquires NYSE ICE acquires Interactive ICE launches expanded ICE acquires ICE adds to predecessor industry’s first market acquiring emissions markets Euronext Data Corporation,
    [Show full text]
  • Report of the Commodity Futures Trading Commission on the Futures Industry Response to September 11Th
    Report of the Commodity Futures Trading Commission on the Futures Industry Response to September 11th March 11, 2002 Table of Contents Introduction.........................................................................................................................................1 The Role of the Futures Markets ...................................................................................................1 The Role of the CFTC....................................................................................................................2 Impact of the Terrorist Attacks ......................................................................................................3 Preparedness Efforts.......................................................................................................................4 I. Reopening the Futures Markets...........................................................................7 A. Tuesday, September 11th ........................................................................................................7 1. The New York Board of Trade..........................................................................................7 2. The New York Mercantile Exchange................................................................................8 3. Other Commodity Futures Exchanges............................................................................ 10 4. The Regulators - Communication and Coordination..................................................... 10 B. Wednesday, September
    [Show full text]