Board of Trade of the City of Chicago Inc – ‘S-4’ on 1/26/01 – EX-23.5

On:  Friday, 1/26/01, at 1:59pm ET   ·   Accession #:  950131-1-457   ·   File #:  333-54370

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Registration of Securities Issued in a Business-Combination Transaction   —   Form S-4
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: S-4         Registration of Securities Issued in a               211   1.08M 
                          Business-Combination Transaction                       
 2: EX-23.1     Consent of Deloitte & Touche                           1      5K 
 3: EX-23.4     Consent of William Blair & Company, LLC                1      6K 
 4: EX-23.5     Consent of Arthur Andersen LLP                         1      6K 

EX-23.5   —   Consent of Arthur Andersen LLP

EX-23.5
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                                                                    Exhibit 23.5

     We hereby consent to the use in the Registration Statement and Proxy of the
Board of Trade of the City of Chicago, Inc. on Form S-4 of our opinion dated    
January 16, 2001, appearing as Appendix C-2 to such Registration Statement and  
Proxy, our Ceres valuation analysis as described in the Form S-4, to the        
description therein of such opinions and to the references therein to our name. 
In giving the foregoing consent, we do not admit that we come within the        
category of persons whose consent is required under Section 7 of the Securities 
Act of 1933, as amended (the "Securities Act"), or the rules and                
regulations promulgated thereunder, nor do we admit that we are experts with    
respect to any part of such Registration Statement and Proxy within the meaning 
of the term "experts" as used in the Securities Act or the rules and regulations
promulgated thereunder.                                                         

                       /s/ Arthur Andersen LLP
                   Arthur Andersen LLP

Chicago, Illinois                                                               
January 26, 2001                                                                

Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘S-4’ Filing		Date		Other Filings
Filed on:		1/26/01		425
		1/16/01		425
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