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In Chicago we vote often, if not early.
Under Chicago Board of Trade rules, if at least 100 members petition for a vote on a germane proposal, it must prepare a ballot, regardless of whether exchange directors approve.
Last week, for example, members by a 3-to-2 ratio rejected a retroactive term-limits proposal that would have made a lame duck out of Chairman Patrick Arbor.
On Tuesday, members will cast ballots again, this time on the question of a redesign of a new trading floor to house financial futures, a vote that has been described as pitting the old guard versus the new reality.
