# Professor Joel Hasbrouck comments on the sale of the Chicago Stock Exchange to investors in China

1 Faculty News February 5, 2016 ![CNN logo](/sites/default/files/styles/246w/public/assets/images/uat_027323.jpg?itok=3feg8BmM)>

Excerpt from [CNN](http://money.cnn.com/2016/02/05/investing/china-buys-chicago-stock-exchange/) -- "The Chicago Stock Exchange is 'such a small player. It's certainly not as iconic as the New York Stock Exchange,' said [Joel Hasbrouck](http://www.stern.nyu.edu/faculty/bio/joel-hasbrouck), a finance professor at New York University."

[Read more](http://money.cnn.com/2016/02/05/investing/china-buys-chicago-stock-exchange/)