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ADVISORY/Chicago Board Brokerage to Host Reception and Demonstration of the Trading System at World Financial Center.


--(BUSINESS WIRE)--

Press Advisory:

Chicago Board Brokerage (CBB CBB Celebrity Big Brother
CBB College van Beroep voor het Bedrijfsleven (Dutch)
CBB Cattlemen's Beef Board
CBB Coalition for Buzzards Bay
CBB Could Be Better (visual effects)
CBB Can't Be Bothered
), operator of the MarketPower electronic trading system, will host a reception and demonstration of the trading system from 5 to 7 p.m., on Thursday, September 24, at the Grill Room, 2 World Financial Center. All members of the press are invited.

CBB also will provide details and entry forms for the $1 million sweepstakes that is being conducted in conjunction with the start of MarketPower trading.

MarketPower, the first fully interactive electronic system for trading U.S. Treasury securities U.S. Treasury securities

Interest-bearing obligations if the U.S. government issued by the U.S. Department of the Treasury as a means of borrowing money to meet government expenditures not covered by tax revenues.
, provides a single platform for trading the entire U.S. Treasury U.S. Treasury

Created in 1798, the United States Department of the Treasury is the government (Cabinet) department responsible for issuing all Treasury bonds, notes and bills. Some of the government branches operating under the U.S. Treasury umbrella include the IRS, U.S.
 yield curve, overnight repurchase agreements and Treasury bond and note basis trading basis trading

An arbitrage operation in which an investor takes a long position in one type of security and a short position in a similar security in an attempt to profit from a change in the basis between the two securities.
. MarketPower started trading on September 18.
COPYRIGHT 1998 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Sep 23, 1998
Words:117
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