FARM BUSINESS NEWS
Futures Traders Sue CME
Tue Apr 15, 2014 08:10 AM CDT

(Dow Jones) -- Three futures traders have filed a lawsuit against CME Group Inc. alleging the exchange operator sold data to high-frequency traders ahead of other participants that also paid to see the data first.

The lawsuit, filed Friday in an Illinois District Court, is seeking class-action status on behalf of users that have traded futures contracts on the Chicago Board of Trade and the Chicago Mercantile Exchange from 2007 until April of this year.

The plaintiffs allege CME charged exchange and data fees for real-time price data, and purported that the data was sold to the users in real ...

Quick View
  • Betting on Shorter Beans Researchers at the University of Nebraska and Purdue University have pinpointed a gene that produ...
  • Super Food Silage has never gone out of fashion in Bath County, Kentucky, even when the lure of $6- to $8-pe...
  • Farmers Pivot Back After Storms The majority of center pivots damaged by severe weather earlier this summer in Nebraska are up an...
  • Pick Contingency Plans - 3 As crop prices and insurance coverage swoon, farmers may need to supplement incomes with federal ...
  • Weathering the Drought Parts of the panhandle and western Oklahoma are still considered as being in extreme or exception...
  • AFBF Appeal The American Farm Bureau Federation asked a federal appeals court to reverse a lower court's Sept...
  • Pick Contingency Plans - 2 Commodity payments are largely capped at $125,000 per person. People must also report under $900,...
  • Ask the Vet Some tips on fly control.
Related News Stories
DTN Closing Grain Comments
DTN's Quick Takes
DTN Midday Livestock Comments
DTN Midday Grain Comments
DTN Before The Bell Grain Comments
DTN Early Word Opening Livestock
DTN Early Word Grains
DTN Closing Grain Comments
DTN Midday Livestock Comments
DTN Midday Grain Comments