Table of Contents

Acknowledgements.
Dedication.


Biography.


Introduction.


PART I: THE CHANGING MARKETPLACE.


1. Forces of Change.


2. Responding to Challenges.


PART II: THE ESTABLISHED EXCHANGES.


Europe.


3. Borsa Italiana (BI).


4. Eurex.


5. Euronext.


6. International Petroleum Exchange (IPE).


7. London International Financial Futures Exchange (LIFFE).


8. London Metal Exchange (LME).


9. Mercado Español de Futuros Financieros (MEFF).


10. OM/Stockholmborsen (OM).


North America.


11. Chicago Board of Trade (CBOT).


12. Chicago Board Options Exchange (CBOE).


13. Chicago Mercantile Exchange (CME).


14. Montreal Exchange (MX).


15. New York Board of Trade (NYBOT).


16.  New York Mercantile Exchange (NYMEX).


Asia-Pacific.


17.  Hong Kong Exchanges and Clearing (HKEx).


18. Osaka Securities Exchange (OSE).


19. Singapore Exchange (SGX).


20.  Sydney Futures Exchange (SFE).


21. Tokyo Commodity Exchange (TOCOM).


22. Tokyo Grain Exchange (TGE).


23. Tokyo International Financial Futures Exchange (TIFFE).


24. Tokyo Stock Exchange (TSE).


PART III: THE NEW MARKETPLACES.


Emerging Exchanges.


25.  Bolsa de Mercado e Futuros (BMF) - Brazil.


26. Mercado Mexicano de Derivados (Mexder) - Mexico.


27. Korea Futures Exchange (KOFEX) - South Korea.


28.  Malaysian Derivatives Exchange (MDEX) - Malaysia.


29.  South African Futures Exchange (SAFEX)-South
Africa.


Electronic Communication Networks and Electronic Exchanges.


30.  Intercontinental Exchange (ICE).


31. BrokerTec Futures Exchange (BTEX).


32. OneChicago (OC).


33. International Securities Exchange (ISE).


34.  European Electricity Exchange (EEX).


Summary.


Glossary.


Selected References.


Index.

About the Author

ERIK BANKS has held senior risk management positions at
several global financial institutions, including XL Capital, where
he was Partner and Chief Risk Officer of the Bermuda reinsurer's
derivative subsidiary, and Merrill Lynch, where he spent 13 years
managing credit and market risk teams in Tokyo, Hong Kong, London
and New York. Mr. Banks, an Adjunct Professor of Finance at the
University of Connecticut, has written a dozen books on risk
management, emerging markets, derivatives, merchant banking, and
electronic finance.