I don't see a disruption. The Chicago Mercantile Exchange has been working on the Y2K problem since 1996, said John Holden, a spokesman for the exchange. We've been doing simulated trading on a variety of dates, doing tests and simu- lated trades with customers. The Chicago Board of Trade has made Y2K compliance its No. 1 priority, said Katie Spring, manager of financial communications. The board of trade is concerned not only with internal systems but also with the Clearing Corp. and individual traders.
Tests are ongoing.
This story was originally published in The Gazette Tuesday, February 23, 1999.