Seat Sale For IOM Division Of Chicago Mercantile Exchange Sets Record High Price

A membership in the Chicago Mercantile Exchange's Index and Option Market (IOM) Division sold today for $400,000, setting a new record high price for an IOM seat. The previous record of $385,000 was set on April 7 and matched with the last sale on April 11. The current bid and offer prices for an IOM membership are $380,000 and $425,000, respectively.