CBOT to use Rolfe’s RANorder Pro as front-end system

The Chicago Board of Trade (CBOT) has entered an agreement with UK technology company Rolfe and Nolan to use its RANorder Pro as a trading front-end system.

The agreement calls for RANorder Pro to be available under the e-cbot Direct label to CBOT members that do not support their own infrastructure. E-cbot Direct will be available at the end of November 2003, together with the initial roll-out of the e-cbot electronic trading platform.

E-cbot Direct will replace CBOT Direct, a low-cost service aimed at individual members and small firms. It will be phased out from November 24, and e-cbot Direct is expected to be fully installed by January next year.

Rolfe and Nolan will also supply the CBOT with application service provider (ASP) services.

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