"We don't like the word 'war', we prefer to call it 'competition'," says Jörg Franke, board member of Deutsche Börse, the holding company for the German futures exchange (Deutsche Terminbörse - DTB). He's referring to a belligerent comment back in March by Liffe chairman Daniel Hodson about the rivalry between the London financial futures exchange and its German counterpart.
August 01, 1997