NYMEX explores sale of company: report

(Reuters) - Banks have not yet been hired to advise the company on the sale, the report said. A NYMEX response is not mentioned in the report, which cited two people involved in the discussions.




Buying NYMEX would allow a traditional cash equities exchange to add products such as energy derivatives to the trading mix it can offer its clients. It trades contracts including crude oil, heating oil and gasoline futures.


Read more at Reuters.com Business News

UPDATE 1-NYMEX explores sale of company -report

(Reuters) - Top NYMEX executives have met with their counterparts at
three suitors, NYSE Euronext , Deutsche Boerse
AG and Chicago Mercantile Exchange Holdings Inc.
, according to the report. Banks have not yet been
hired to advise the company on the sale, Bloomberg said.




A NYMEX response is not mentioned in the report, which cited
two people involved in the discussions.


Read more at Reuters.com Mergers News