Chicago Board Of Trade To Provide Free DJIA Futures Quotes
Date 11/03/1999
The Chicago Board of Trade announced on March 11 that it will provide real-time price quotes on its DJIA futures and futures options contracts free of charge to vendors and customers effective immediately. The move to provide the quotes free for a period of time was approved by the CBOT Board of Directors at its meeting on March 9. CBOT Chairman David P. Brennan said, "Providing live DJIA quotes to CBOT vendors and customers free of charge will increase market-user awareness of the opportunities provided through the CBOT Dow complex. Today's financial markets must be responsive to customer needs. Just as brokerages are offering on-line services and providing quotes on their internet sites, we will provide instant and free Dow futures quotes in order to increase member opportunity and expand our following of index traders." CBOT President & CEO Thomas R. Donovan said, "As a global market which trades the benchmark equity, interest rate and agricultural products, the CBOT is committed to providing the most accessible and informative market information in the world. By providing free Dow futures and futures-options quotes, we are acting on our commitment to serve customers, provide member opportunity and build on the success of our products." For more information on the CBOT Dow complex, visit the web site at www.cbot.com