CME Group "Considering" M&A Options On Competition
Increased competition has CME Group (CME) "considering" a large acquisition, according to a company executive on Wednesday, as every exchange tries to offer unique services. But not all market innovations have been meet with approval. The exchange scaled back its longer trading hours after traders complained. The Chicago Mercantile Exchange's future has been in question since the IntercontinentalExchange (ICE) agreed to purchased the NYSE Euronext
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