GAO Report Cuts the Cheese Market
Author: Staff Editors.
Source: Volume 21, Number 02, November/December 2007 , pp.32-37(6)
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Abstract:
In “Spot Cheese Market: Market Oversight Has Increased, but Concerns Remain about Potential Manipulation,” the Government Accountability Office found that the spot cheese market of the Chicago Mercantile Exchange remains a market in which few daily trades occur and a small number of traders account for the majority of trades, and that questions persist about the market’s susceptibility to price manipulation.Keywords: Financial transactions
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