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No, not in commodities or derivatives, but in debt/equity they are which is much larger. Chicago certainly does not dominate finance in the United States haha, though they are the undisputed #2.
Also what do you mean Chicago dominates in medicine? There's no question that Boston is the #1 medical city in the nation with Houston unquestionably #2.
Media is dominated by New York City and Los Angeles.
Chicago is an amazing city and excels in many fields...however to say that it dominates in those fields is simply inaccurate.
Notice the specific quote, "Another common myth is that you have to live in New York or London and trade on a major exchange. The fact is that the largest currency exchange in the world is in Chicago, but individual currency traders live in every city around the U.S. and go to work in regular offices."
Chicago has the world's largest currency exchange...not bad after all eh? 3 cities were mentioned, NYC, London, and *gasps* Chicago. Where's LA?!?
No, they mentioned EVERY OTHER CITY IN THE U.S.
In other words, they are saying you can live in a fly-over burg like Chicago, and still trade from your computer nowadays! The wonders of the internet!
What are the largest Chicago-based financial services companies?
Northern Trust is one of the premier managers of institutional investments in the world. It's probably #3 behind State Street Bank and Bank of New York Mellon.
O Hell, I am majoring in neuroscience and guess where the national neuroscience society hosts annual conferences? You guessed it, Chicago.
It is being held there once in 2009. In 2010 it will be in San Diego. In 2011 it will be in Washington DC. In 2008 it was in Washington DC. In 2007 it was in San Diego. In 2006 it was in Atlanta. In 2005 it was in Washington DC. In 2004 it was in San Diego. In 2003 it was in New Orleans and the list goes on and on.
Just pointing this out because you made it like it has been in Chicago for years and that it is the hub for this science. This is the first time since 1971 that it will visit Chicago. Maybe Chicago had to give over lots and lots of tax incentives to get the society to go to Chicago. Basically, this is a one time thing and a conference that will have visited Chicago once.
If anything Washington DC and San Diego look like the society's favorites.
Last edited by missionhome; 09-10-2009 at 09:38 PM..
In other words, they are saying you can live in a fly-over burg like Chicago, and still trade from your computer nowadays! The wonders of the internet!
Not to burst your retarded little bubble, but that also means you can trade on exchanges in New York City, London, Paris, Frankfurt, Hong Kong, and Tokyo too...welcome to the information age my man.
Not to burst your retarded little bubble, but that also means you can trade on exchanges in New York City, London, Paris, Frankfurt, Hong Kong, and Tokyo too...welcome to the information age my man.
Exactly! Glad we agree!!
Finally, you admit that Chicago is not a player in this industry.
Finally, you admit that Chicago is not a player in this industry.
Um, if that's what you're going to take from my compliment...then I guess you'll agree that New York City, London, Paris, Hong Kong, Frankfurt, and Tokyo aren't players in the industry either.
You're right that thanks to the internet, people can trade from anywhere in the world on the most important exchanges. However, if you're really going to say that renders these cities useless then you can say New York doesn't matter anymore since I was trading on the NASDAQ yesterday from my desk in Boston sorry budd
You're right that thanks to the internet, people can trade from anywhere in the world on the most important exchanges.
Actually, now you're catching on, sorta!
The point is that, while NYC and London are the undisputed global financial centers, one can trade from anywhere! Any random burg is fine
Irapuato, MX
Chicago, IL
Ulan Bator, Mongolia
So, yes, we agree, I think!
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sorry budd
