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Thursday, March 29, 2018

NEX Group (OTC:NEXGY) acquired by CME Group (NASDAQ:CME)

 
Creating a cross-border trading powerhouse, U.S. exchange operator CME Group (NASDAQ:CME) has agreed to buy U.K.-based NEX Group (OTC:NEXGY) for about £3.9B. The deal would be CME's largest since it bought Nymex for $11B in 2008, and would mark the first time the same company owned the dominant markets for fixed income, foreign exchange futures and their underlying securities.

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