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Cme Group Inc. (NASDAQ:CME): Nasdaq OMX Group (NASDAQ:NDAQ) believes that foreign exchange and fixed-income businesses are more probable targets for expansion via an acquisition than partnering with another big exchange operator, stated CFO Lee Shavel, according to the Wall Street Journal. He adds that Nasdaq is looking at “evolving markets like the foreign exchange market and fixed income” as a focus for potential deal making, and “We think the trends are going to continue to be influenced by technology adoption and electronic trading that may drive opportunities for us to leverage our infrastructure.” The shares closed at $62.01, up $0.38 or 0.62 percent on the day. They have traded in a 52-week range of $49.54 to $61.85.
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