Shares in Deutsche Boerse surged over 10 percent on Monday as traders pointed to a Bloomberg report saying CME Group Inc has approached the German stock exchange operator about a merger.Bloomberg cited four people familiar with the situation as saying CME had approached Deutsche Boerse to consider beginning talks on a tie-up.Shares in Deutsche Boerse traded 9.5 percent higher at 51.13 euros at 1158 GMT on Monday, having surged over 10 percent earlier.An industry source familiar with the matter told Reuters a tie-up with CME was unlikely to happen.
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 remained unchanged at $58.31. 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 0.
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