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On KC Board of Trade closing after 157 years

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SinoHawk 1 year, 5 months ago

Certainly a sad day, to be sure. The BoT harkens back to an era when Kansas City was a more prominent city in the US, and the exchange itself played a more important role in the history of the region than most probably know. I can certainly understand why the exchange is being rolled-into CME's Chicago operations, but it still is sad to see the exchange and associated activity move away.

Currahee 1 year, 5 months ago

I concur. This is incredibly sad news.

JayhawkFan1985 1 year, 5 months ago

Two questions.

  1. Is there no federal or state regulatory oversight required before the purchase goes through?
  2. Why couldn't local Kansas City investors start a new exchange to replace the one that was just closed?

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