Reuters – A federal judge in Chicago is allowing an eight-year-old antitrust lawsuit against CME Group Inc. to go forward, re-opening a particularly acrimonious chapter in CME’s battle for dominance in the lucrative U.S. futures markets.
U.S. District Court Judge James Zagel on Friday [Aug. 3] threw out one leg of the suit, filed in 2004 by Eurex after the German-owned exchange made an unsuccessful bid to challenge the Chicago Board of Trade’s franchise in U.S. Treasury futures.