CME Group may join hands with Nasdaq OMX Group to pursue NYSE Euronext acquisition, according to a report on the website FlyOnTheWall.com.
The deal between Deutsche Borse and the NYSE is for now still anticipated to go through as early as 15 February 2011.
According to Chicago Business, CME, which handles 97% of US futures trading, would be overshadowed globally if with the merger of futures exchanges, NYSE Liffe and Deutsche Borse’s Eurex.
CME traded about three billion futures contracts last year, while NYSE Euronext and Eurex markets traded a combined 4.8 billion.
NYSE Liffe plans to launch a clearinghouse in New York for Treasury futures, one of CME’s biggest strengths.
Recently, CME has also won approval for a London-based clearinghouse to help attack the European market.
