Chapter 2: Chicago Makes a Market

1. Interviews conducted in Chicago, December 15–16, 2010.

2. For the story of the birth and rise of the Chicago Board of Trade, I am heavily indebted to William D. Falloon's Market Maker: A Sesquicentennial Look at the Chicago Board of Trade (Board of Trade of the City of Chicago, 1998); Erika S. Olson, Zero-Sum Game: The Rise of the World's Largest Derivatives Exchange (Hoboken, NJ: John Wiley & Sons, 2011); and telephone interviews with Dan Lehman and Charles Carey conducted in December 2010.

3. Ulrike Schaede, “Forwards and Futures in Tokugawa-Period Japan: A New Perspective on the Dojima Rice Market, Journal of Banking and Finance 13, nos. 4–5 (1989).

4. Commodity Futures Trading Commission, “Establishment ...

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