My initial thoughts/questions: 1. Why did this take so long? CME & CBOE have been "rivals" for 40 years 2. Will this pass antitrust? SPX Futures + Options + VIX in one place isn't the best 3. Would CME keep BATS? 4. Is CBOE Europe still a go?
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Replying to @HideNotSlide
Get rid of BATS cash equities. Keep options. Tough for this to pass antitrust potentially but you can always argue CROSS MARGINING BABY!
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Replying to @FIGfluencer
Thats how they barely got CBOT "We own one end of the curve, they own the other end. combining helps lower costs I tells ya!"
10:53 AM - 18 Aug 2021
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