CHICAGO/SAN FRANCISCO, April 19 (Reuters) – Trading firms
are snapping up memberships at the Chicago Board of Trade as
signs that Federal Reserve policymakers may pare back their
massive monetary stimulus boost Treasury futures trading.
CBOT seats that give the right to trade Treasury futures at
the cheapest rates have jumped 30 percent in price since the
beginning of the year, with one fetching $100,000 on Thursday in
the private seat market that CME Group runs for members
of each of its five futures exchanges, including CBOT.