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DownloadLiquidity Data Bank: Big promises, small deliveries by Thomas K Bonen
ARTICLE SYNOPSIS ...Liquidity Data Bank: Big promises, small deliveries by Thomas K. Bonen In 1984, the Chicago Board of Trade (CBOT) introduced the revolutionary Liquidity Data Bank (LDB) to the general public. It was a truly unique venture intended to open up the exchange and its price information to the investing public with hopes of increasing non-member trading in its sagging agricultural products. With this introduction, the CBOT created a database of information that previously only floor traders could observe. It was a database of the actual trading volume for each price traded during the day--an absolute...
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