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On KC Board of Trade closing after 157 years

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JayhawkFan1985 9 months, 2 weeks 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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transparency 9 months, 3 weeks ago

Somebody call The Untouchables!

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oneeye_wilbur 9 months, 3 weeks ago

Not only was KCMO a powerhouse for grain deals, the packing plants in the bottoms were major employers and the livelihood of many immigrants, many of whom settled in what is known as Strawberry Hill on the KCK side. The flood of '51 changed KCMO forever .

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Currahee 9 months, 3 weeks ago

I concur. This is incredibly sad news.

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SinoHawk 9 months, 3 weeks 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.

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