Sale of KC Board of Trade to CME Group Completed

5 years 11 months 1 week ago Monday, December 03 2012 Dec 3, 2012 Monday, December 03, 2012 11:30:00 AM CST December 03, 2012 in News
By: Associated Press

KANSAS CITY, Mo. (AP) - The CME Group of Chicago officially owns the 156-year-old Kansas City Board of Trade.

The sale of the Board of Trade was completed Monday.

The two commodities markets announced their $126 million cash deal in mid-October. The markets said the transaction will make it more cost effective for traders in both cities' markets to trade the other's wheat futures and wheat options contracts.

The CME Group owns the Chicago Mercantile Exchange, the Chicago Board of Trade and other markets.

The Kansas City Star reports CME will keep the Kansas City exchange's floor open for at least six months. Plans for the Kansas City trading pits after the six months have not been determined.

More News

Grid
List
WASHINGTON (AP) — President Donald Trump is planning to support the first major rewrite of the nation’s... More >>
52 minutes ago Wednesday, November 14 2018 Nov 14, 2018 Wednesday, November 14, 2018 11:07:15 AM CST November 14, 2018 in News
COLUMBIA - The community will get a chance to learn more about autism Wednesday morning. The annual Columbia Autism... More >>
7 hours ago Wednesday, November 14 2018 Nov 14, 2018 Wednesday, November 14, 2018 4:08:00 AM CST November 14, 2018 in Top Stories
COLUMBIA - Columbia plow drivers will be participating in the annual dry snow run to practice routes for the upcoming... More >>
8 hours ago Wednesday, November 14 2018 Nov 14, 2018 Wednesday, November 14, 2018 3:54:00 AM CST November 14, 2018 in Top Stories
BOSTON (AP) - World Against Toys Causing Harm, Inc. (W.A.T.C.H.) today revealed its nominees for the “10 Worst Toys of... More >>
16 hours ago Tuesday, November 13 2018 Nov 13, 2018 Tuesday, November 13, 2018 7:54:00 PM CST November 13, 2018 in News
COLUMBIA - The Almeta Crayton Community Program will be expanding its annual "Everybody Eats" Thanksgiving community to more locations. ... More >>
16 hours ago Tuesday, November 13 2018 Nov 13, 2018 Tuesday, November 13, 2018 7:24:00 PM CST November 13, 2018 in News
COLUMBIA - The city of Columbia is delivering an annual citizen’s survey to a random sample of households. The... More >>
17 hours ago Tuesday, November 13 2018 Nov 13, 2018 Tuesday, November 13, 2018 6:58:00 PM CST November 13, 2018 in News
COLUMBIA - Ryan Howard, a University of Missouri senior, is getting ready to head home for Thanksgiving break. But, his... More >>
17 hours ago Tuesday, November 13 2018 Nov 13, 2018 Tuesday, November 13, 2018 6:29:00 PM CST November 13, 2018 in News
MONROE COUNTY - The Missouri State Highway Patrol is looking for a 23-year-old woman from St. Louis. A park... More >>
18 hours ago Tuesday, November 13 2018 Nov 13, 2018 Tuesday, November 13, 2018 5:39:00 PM CST November 13, 2018 in News
COLUMBIA - Tuesday night a Columbia committee rejected the Kroenke Group's attempt for a city code variance at the former... More >>
19 hours ago Tuesday, November 13 2018 Nov 13, 2018 Tuesday, November 13, 2018 4:10:00 PM CST November 13, 2018 in News
KANSAS CITY (AP) — Jackson County Prosecutor Jean Peters Baker says her office will not prosecute most marijuana possession cases.... More >>
20 hours ago Tuesday, November 13 2018 Nov 13, 2018 Tuesday, November 13, 2018 3:19:43 PM CST November 13, 2018 in News
COLUMBIA – After several years of legal battles that culminated in $884,000 worth of legal fees, Trinity Lutheran Church celebrated... More >>
22 hours ago Tuesday, November 13 2018 Nov 13, 2018 Tuesday, November 13, 2018 1:46:00 PM CST November 13, 2018 in Top Stories
COLUMBIA - Two men were arrested and charged with second-degree burglary and stealing from Lange Middle School in Columbia. ... More >>
22 hours ago Tuesday, November 13 2018 Nov 13, 2018 Tuesday, November 13, 2018 1:29:00 PM CST November 13, 2018 in News
FULTON - A woman said she plans to hire a lawyer to investigate an incident at Bush Elementary School in... More >>
22 hours ago Tuesday, November 13 2018 Nov 13, 2018 Tuesday, November 13, 2018 1:16:00 PM CST November 13, 2018 in News
JEFFERSON CITY - The Jefferson City Catholic Church's leader said Tuesday he wanted to set a code of conduct for... More >>
1 day ago Tuesday, November 13 2018 Nov 13, 2018 Tuesday, November 13, 2018 10:40:00 AM CST November 13, 2018 in Top Stories
JEFFERSON CITY, Mo. (AP) — Missouri Gov. Mike Parson on Tuesday named fellow Republican state Treasurer Eric Schmitt to replace... More >>
1 day ago Tuesday, November 13 2018 Nov 13, 2018 Tuesday, November 13, 2018 10:29:00 AM CST November 13, 2018 in News
POPLAR BLUFF (AP) — A southern Missouri school district has suspended a teacher who oversaw a class presentation in which... More >>
1 day ago Tuesday, November 13 2018 Nov 13, 2018 Tuesday, November 13, 2018 9:59:39 AM CST November 13, 2018 in News
(CNN) -- After running a year-long competition that drew interest from hundreds of cities and a number of states, Amazon... More >>
1 day ago Tuesday, November 13 2018 Nov 13, 2018 Tuesday, November 13, 2018 9:31:36 AM CST November 13, 2018 in News
COLUMBIA – New federal guidelines stress that any type of physical activity helps improve health. The new guidelines are... More >>
1 day ago Tuesday, November 13 2018 Nov 13, 2018 Tuesday, November 13, 2018 7:15:00 AM CST November 13, 2018 in News
Columbia, MO
Broken Clouds 30°
12pm 35°
1pm 36°
2pm 37°
3pm 37°