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The Chicago Board of Trade (CBOT®) today announced the relocation of its European office to new, modern office space in St. Michael's House, centrally located at 1 George Yard in London on January 19, 2004. The new office will continue to be headed by Cathryn Lyall, Managing Director of Business Development.
CBOT Senior Vice President Robert Ray said, "The expanded European office is an integral part of the CBOT's global business strategy. This new location will serve as a central point for us to increase distribution of our products to new and existing users in the region. The larger facility will be beneficial in assisting with our expansion plans to leverage growth opportunities in Europe."
Under the direction of Cathy Lyall, along with additional staff the CBOT intends to hire, the exchange's European office is responsible for maintaining a unified approach to identifying, developing and building key strategic alliances with existing and new clients in Europe for the CBOT and its products. The office also focuses on assisting with business strategy and distribution of CBOT trading technology in the European region.