We know from observations that globular clusters are very efficient catalysts in forming unusual short-period binary systems or their offspring, such as low-mass X-ray binaries (LMXBs; neutron stars accreting matter from low-mass stellar companions), cataclysmic variables (CVs; white dwarfs accreting matter from stellar companions), and millisecond pulsars (MSPs; rotating neutron stars with spin periods of a few ms). Although there has been little direct evidence, the overabundance of these objects in globular clusters has been attributed by numerous authors to the high densities in the cores, which leads to an increase in the formation rate of exotic binary systems through close stellar encounters. Many such close binary systems emit X-radiation at low luminosities (L_x < 10^{34} erg/s) and are being found in large numbers through observations with the Chandra X-ray Observatory. Here we present conclusive observational evidence for a link between the number of close binaries observed in X-rays in a globular cluster and the stellar encounter rate of the cluster. We also make an estimate of the total number of LMXBs in globular clusters in our Galaxy.
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