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Trillion-dollar industry that powers Chicago may pack up and leave city • BusinessMirror

The letters are stamped all over the hallways of Chicago’s giant skyscrapers and grand office buildings. DRW, IMC, CME, Cboe. These are some of the derivatives firms that collectively handle trillions of dollars a year in trades, greasing the wheels of global markets with everything from stock options to corn futures. Most of them have ....

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Trillion-Dollar Industry Powering Chicago Is at Risk of Leaving

(Bloomberg) The letters are stamped all over the hallways of Chicago’s giant skyscrapers and grand office buildings. DRW, IMC, CME, Cboe.Most Read from BloombergHow Auto Executives Misread the UAW Ahead of Historic StrikeXi’s Missing Defense Chief Opens Door for US Military TalksEurope Is Better Prepared If Trump Wins Again, Germany’s Baerbock SaysMGM Resorts Hackers Broke In After Tricking IT Service DeskThese are some of the derivatives firms that collectively handle trillions of dollars a ....

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Chicago considers $800 million tax for derivatives industry

“We don’t want to leave,” says Cboe CEO Ed Tilly. “But we cannot be in a position where we are disadvantaged.” ....

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