One of the first automated trading systems that matched bids and offers implemented at the CME is called
A) COMEX
B) GLOBEX
C) LIFFE
D) CFTC
E) none of the above

Question

Quizplus · Accepted Answer

GLOBEX is the automated trading system that was implemented at the CME in 1992, allowing for electronic matching of bids and offers for futures and options contracts. COMEX is a division of the New York Mercantile Exchange (NYMEX) which trades in metals such as gold, silver and copper. LIFFE (London International Financial Futures and Options Exchange) is a former futures exchange that is now part of ICE (Intercontinental Exchange). CFTC (Commodity Futures Trading Commission) is a regulatory agency that oversees the futures and options markets in the US.

One of the First Automated Trading Systems That Matched Bids