The new telecom hub in Gibraltar, established with the CBOT’s technology provider, Euronext.liffe Market Solutions, will provide a cost-effective method for local firms to connect to the exchange’s highly liquid and fully transparent futures and futures-options markets. Further, the hub will allow firms located remotely to utilize the world’s most advanced technology to access the exchange.
CBOT President and CEO, Bernard W. Dan said, “This new telecom hub will make access to CBOT products simpler and more efficient for the burgeoning Gibraltar trading community. By establishing this hub, the CBOT is demonstrating its commitment to global customer service. We provide all profiles of user with the most open, transparent markets possible in locations around the world.”
In addition to the hub in Gibraltar, the CBOT is currently exploring the possibility of establishing similar hubs in other cities globally.