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Monday, February 25, 2013

D.Boerse denies CME talks, but some see logic of a deal, (NASDAQ: CME), (NYSE: NYX)

Deutsche Boerse said on Monday that it is not in deal talks with CME Group Holdings Inc, but some analysts see a sale to CME as an attractive option for the German bourse at a time when profits are under pressure and scale is increasingly important.Earlier on Monday, Bloomberg, citing four people familiar with the situation, reported that CME had approached Deutsche Boerse in December about a possible merger. Bloomberg also said the two met again in January and haven't yet made a decision.CME declined to comment, while Deutsche Boerse said the exchange operators were not in negotiations.A merger between the two exchange operators would face steep hurdles, including scrutiny from European antitrust authorities, who blocked the German exchange's proposed merger with NYSE Euronext just over a year ago.

CME Group Inc. (CME Group) offers a range of global products across all asset classes based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, metals, weather and real estate. Shares of CME fell by 0.91% or $-0.53/share to $57.78. In the past year, the shares have traded as low as $49.54 and as high as $60.92. On average, 2142700 shares of CME exchange hands on a given day and today's volume is recorded at 2423664.

NYSE Euronext is a global operator of financial markets and provider of trading solutions. Shares of NYX fell by 2.75% or $-1.03/share to $36.45. In the past year, the shares have traded as low as $22.25 and as high as $37.81. On average, 5073480 shares of NYX exchange hands on a given day and today's volume is recorded at 2575932.



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