CHICAGO, July 31- CME Group Inc, the world's largest futures market operator, reported lower-than-expected second-quarter earnings on Thursday, blaming low levels of volatility for weak trading volumes.» 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.