Traders Walk Out of CME Eurodollar Pit to Protest Trade
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Local traders in the CME Group Inc.’s Eurodollar options pit walked off the job today to protest a block trade yesterday.
“These guys that stand in there all day and make prices would have loved to participate in that particular price, but they weren’t able to,” Rocco Chierici, a broker at R.J. O’Brien & Associates on the floor of the Chicago Mercantile Exchange, said in a telephone interview.