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CME, linchpin of Chicago finance, says it's not tied to the city

from Bloomberg

CME Group Inc. has a message for Illinois legislators who see the $47 billion global derivatives trading giant as a piggy bank to help solve the state’s fiscal woes. Chief Executive Officer Terry Duffy said that the exchange is less rooted in its historical home of Chicago because it now barely relies on face-to-face dealing in trading pits. CME has no plans to leave the city, he said in an interview Tuesday. more


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