Posts Tagged ‘New York’

Sell me another…

Thursday, August 23rd, 2007

MMM. Hmm. The New York Mercantile Exchange (Nymex) has confessed — revealing in a statement that it is in talks with certain “parties” in regards to possible transactions, meaning a merger or sale.

The Nymex did not, however, name those parties, which are rumored to be the New York Stock Exchange (NYSE) and the Chicago Mercantile Exchange (CME) Group, neither of which are saying anything other than “no comment,” which surely means YES!

Speculation now lies in which exchange will end up the victor — seems to be NYSE Euronext at the moment.

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