CHICAGO, March 6- Robert Ray, chief executive officer of CME Group Inc's planned European exchange, has died at age 60, the futures market-operator said on Thursday. Ray previously was responsible for CME's business and sales strategy in Europe, the Middle East and Africa and Latin America, according to a biography on the company's website.» Read More
Three days after they unveiled their deal to merge, there are no shortage of conversations taking place amongst competitors of the NYSE Euronext/Deutsche Boerse about whether such a deal can be broken up through a higher bid for the NYSE.
The plans to merge the Deutsche Boerse with the NYSE Euronext is “far from a done deal,” Benn Steil, a senior fellow at the Council of Foreign Relations and director of International Economics, told CNBC Tuesday.
Terry Duffy, Executive Chairman of CME Group told Maria Bartiromo in an CNBC Exclusive that he “did not” speak with Duncan Nierderauer, CEO of NYSE Euronext.
CNBC has confirmed that the board will consist of 17 members—10 of which will come from the Deutsche Borse, seven of which will come from NYSE Euronext.