{"product_id":"zero-sum-game-the-rise-of-the-worlds-largest-derivatives-exchange-hardcover","title":"Zero-Sum Game: The Rise of the World's Largest Derivatives Exchange - Hardcover","description":"\u003cdiv\u003e\u003cp style=\"text-align: right;\"\u003e\u003ca href=\"https:\/\/reportcopyrightinfringement.com\/\" target=\"_blank\" rel=\"nofollow\"\u003e\u003cb\u003eReport copyright infringement\u003c\/b\u003e\u003c\/a\u003e\u003c\/p\u003e\u003c\/div\u003e\u003cp\u003eby \u003cb\u003eErika S. Olson\u003c\/b\u003e (Author)\u003c\/p\u003e\u003cp\u003eIn 2007, a stranger-than-fiction multibillion-dollar bidding war for the Chicago Board of Trade (CBOT) erupted between the Chicago Mercantile Exchange (CME) and Atlanta's IntercontinentalExchange (ICE). \u003ci\u003eZero-Sum Game: The Rise of the World's Largest Derivatives Exchange\u003c\/i\u003e takes readers behind the scenes of this battle to tell the gripping--and often comical--story of how the historic merger between CME and CBOT almost didn't happen. \u003c\/p\u003e\u003cp\u003eAuthor Erika S. Olson, a managing director at CBOT during the bidding war, delivers a blow-by-blow account of the fight for the world's oldest futures exchange, taking you inside CBOT's landmark Chicago Loop headquarters, onto the high-octane trading floor, and into executives' offices.\u003c\/p\u003e \u003cp\u003eThrough the lens of the CME\/CBOT deal, \u003ci\u003eZero-Sum Game\u003c\/i\u003e \u003c\/p\u003e \u003cul\u003e \u003cli\u003eIntroduces the colorful and outspoken personalities who call the shots in this close-knit and frequently misunderstood industry\u003c\/li\u003e \u003cli\u003eDetails the reasons behind the recent, spectacular growth of a market that's existed for over 160 years\u003c\/li\u003e \u003cli\u003eExplains how derivatives affect the lives of average consumers worldwide by influencing everything from interest rates on credit cards to the cost of a cheeseburger to the price of a gallon of gas\u003c\/li\u003e \u003cli\u003eReveals the inner workings of futures exchanges, and differentiates the various types of derivatives that are routinely lumped together and vilified by the media\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eErika S. Olson is a former managing director of the Chicago Board of Trade and spent over ten years working in and consulting to the financial services industry. She received her MBA from Harvard Business School and her BBA from the University of Michigan Ross School of Business.\u003c\/p\u003e\u003ch3\u003eFront Jacket\u003c\/h3\u003e\u003cp\u003eIn 2007, a stranger-than-fiction multibillion-dollar bidding warfor the Chicago Board of Trade (CBOT) erupted between the ChicagoMercantile Exchange (CME) and Atlanta's Inter-continentalExchange(ICE). \u003ci\u003eZero-Sum Game: The Rise of the World's LargestDerivatives Exchange\u003c\/i\u003e takes readers behind the scenes of thisbattle to tell the gripping, and often comical, story of how thehistoric merger between CME and CBOT almost didn't happen. AuthorErika S. Olson--a former managing director atCBOT--reveals why these bitter crosstown enemies put asidemore than a century of bad blood in order to form CME Group, abehemoth that now controls 98 percent of the regulated futuresmarket in the United States. From fast food, electricity, andinterest rates, to building materials, jewelry, and gas, the pricesof countless products and services that companies and consumers useevery day are influenced by contracts traded at CME Group. \u003c\/p\u003e\u003cp\u003eOlson delivers a blow-by-blow account of the fight for theworld's oldest futures exchange, taking you inside CBOT's landmarkChicago Loop headquarters, past security guards, onto thehigh-octane trading floor, and into executives' offices. Along theway, she makes the inner workings of futures exchanges accessibleby explaining what these institutions do, how futures contractswork, and who benefits from investing in derivatives. She alsoprovides background and insight on the men in control of thispowerful, tight-knit, and frequently misunderstood industry.\u003c\/p\u003e\u003cp\u003e\u003ci\u003eZero-Sum Game\u003c\/i\u003e is the incredible inside story of how theworld's largest and most diverse exchange came to be, how thecreation of CME Group forever altered the landscape of thefinancial services industry, and what it all means for the globaleconomy . . . and you.\u003c\/p\u003e\u003ch3\u003eBack Jacket\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eIn 2007, a stranger-than-fiction multibillion-dollar bidding war for the Chicago Board of Trade (CBOT) erupted between the Chicago Mercantile Exchange (CME) and Atlanta's Inter-continentalExchange (ICE). Zero-Sum Game: The Rise of the World's Largest Derivatives Exchange takes readers behind the scenes of this battle to tell the gripping, and often comical, story of how the historic merger between CME and CBOT almost didn't happen. Author Erika S. Olson--a former managing director at CBOT--reveals why these bitter crosstown enemies put aside more than a century of bad blood in order to form CME Group, a behemoth that now controls 98 percent of the regulated futures market in the United States. From fast food, electricity, and interest rates, to building materials, jewelry, and gas, the prices of countless products and services that companies and consumers use every day are influenced by contracts traded at CME Group. \u003c\/p\u003e\u003cp\u003eOlson delivers a blow-by-blow account of the fight for the world's oldest futures exchange, taking you inside CBOT's landmark Chicago Loop headquarters, past security guards, onto the high-octane trading floor, and into executives' offices. Along the way, she makes the inner workings of futures exchanges accessible by explaining what these institutions do, how futures contracts work, and who benefits from investing in derivatives. She also provides background and insight on the men in control of this powerful, tight-knit, and frequently misunderstood industry. \u003c\/p\u003e\u003cp\u003eZero-Sum Game is the incredible inside story of how the world's largest and most diverse exchange came to be, how the creation of CME Group forever altered the landscape of the financial services industry, and what it all means for the global economy . . . and you.\u003c\/p\u003e\u003ch3\u003eAuthor Biography\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003eERIKA S. OLSON\u003c\/b\u003e is a business consultant, financial writer, and blogger, and was a managing director at the Chicago Board of Trade during the bidding war between CME and ICE. She holds a BBA from the University of Michigan Ross School of Business and an MBA from Harvard Business School.\u003c\/p\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 272\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 0.93 x 9.24 x 6.36 IN\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e October 26, 2010\u003c\/div\u003e\n            ","brand":"BooksCloud","offers":[{"title":"Default Title","offer_id":45343676530790,"sku":"9780470624203","price":36.07,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0599\/7255\/0758\/files\/WHJHOUl5czFhWjZzc2pFUjVBaUQvUT09.webp?v=1774946972","url":"https:\/\/infinitylightwa.com\/products\/zero-sum-game-the-rise-of-the-worlds-largest-derivatives-exchange-hardcover","provider":"Infinity Light","version":"1.0","type":"link"}