CME Seen as Next Bidder for NYSE
IntercontinentalExchange Inc.’s deal to buy NYSE Euronext is pressuring CME Group Inc., the world’s largest operator of futures exchanges, to mount a response.
ICE is purchasing NYSE Euronext in an $8.2 billion transaction announced yesterday to expand into European derivatives as well as U.S. stocks and options. Even before the bid, Atlanta-based ICE was forecast to boost sales almost three times faster through 2015 than CME, which has suffered from less trading of interest-rate futures.
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