Exchange operator CME in advanced talks to buy Britain's NEX for $5.4b

Exchange operator CME in advanced talks to buy Britain's NEX for $5.4b

Men enter the CME Group offices in New York, U.S., October 18, 2017. REUTERS/Brendan McDermid

U.S. exchange operator CME Group is in advanced talks to buy Britain’s NEX Group for about 3.8 billion pounds ($5.4 billion) to create a cross-border trading powerhouse.

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