Word: merc
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Dates: during 1980-1989
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...floor of the Chicago Mercantile Exchange, the clamorous trading in financial futures used to come to an abrupt stop. Until last Thursday, traders were forced to wait until the next day to carry out deals triggered by late-breaking economic developments. But in a historic move, the Merc last week opened a late shift running from 8 p.m. to 2 a.m. This was accomplished by electronically Unking Chicago trading with a futures exchange in Singapore, which is 14 hours ahead of Central Standard Time. The connection allows traders in both cities to make late-night deals to keep up with...
...Miami Dolphins during the glory years of the early '70s, who was convicted last November on cocaine-trafficking charges; to 20 years in prison, five more than the mandatory minimum. Said Circuit Judge Ellen Morphonios Gable, who pronounced sentence: "George [Yoss, the prosecutor] and I both like Merc, but we've got to do what...