Exchanges - match maker, who's next?

[JayS]

NYSE & Euronext (already news)



Speculation:

• CME & NYMEX (already friendly with NYMEX planning to list products on Globex)
  
• Nasdaq & LSE (Nasdaq has around a 25% stake in the LSE already, would be a highly leveraged deal)
  
• Deutsche Boerse & ?
  
• Eurex & ?
  
• CBOT & (maybe some of the regional grain exchanges)?
  

Any thoughts?

 

[JayS]

Nymex and TSX may merge

http://biz.yahoo.com/cnnm/060605/060506_nymex_tsx.html?.v=1

 

[JayS]

CBOT CEO Says Focuses on Organic Growth, but Will Evaluate All Opportunities

NEW YORK (AP) -- Chicago Board of Trade Chief Executive Bernard Dan said Thursday he is more focused on building up the world's third-largest derivatives exchange through organic growth, but doesn't plan to sit out on consolidation if the right deal presents itself.

http://biz.yahoo.com/ap/060608/cbot_ceo.html?.v=1

 

[JayS]

CME says can be very selective on mergers

http://yahoo.reuters.com/news/artic...6-08_13-18-22_L08257855&type=comktNews&rpc=44

 

[JayS]

Proposed NYMEX fee's for Globex

http://www.nymex.com/globex_fees.aspx

Retail looks to be $1.50 a side for CL or under 2,500 contracts a day (lol).

 

[JayS]

CME E-mini S&P 500 futures volume was a record 2,722,320 yesterday 6/8/06.

 

[JayS]

Best quote from the article (regarding COMEX electronic trading rights)......

The Financial Times quoted an unnamed NYMEX shareholder saying that COMEX had been asking for $300 million to $400 million for their trading rights, which the shareholder reportedly said was "crazy... They should be paying us as they are losing market share."


http://yahoo.reuters.com/news/artic...6-12_21-00-00_N12306818&type=comktNews&rpc=44