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CME Group considers opening European exchange

  • CME Group, the biggest U.S. futures exchange operator, is mulling over creating a European derivatives exchange in Britain, according to a report in the Wall Street Journal.

    According to two sources familiar with the matter, the CME Group is set to submit a license application to Britain's Financial Services Authority within the next week.

    The Chicago-based group currently runs the Chicago Mercantile Exchange, the Chicago Board of Trade and the New York Mercantile Exchange.