CME Group, Nasdaq extend trading agreement

By Associated Press
June 30, 2008 | Comments (0)

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Exchange operators CME Group Inc. and Nasdaq OMX Group Inc. said Monday they have extended a deal to allow options and futures contracts trading based on Nasdaq indices.

CME Group's board of directors also approved a plan to single list its common stock on Nasdaq.

The companies agreed to a seven-year contract extension that will allow for options and futures contracts based on Nasdaq indices to be traded on CME Group's exchanges. The agreement was set to expire in 2012, but will now run through 2019.

CME Group also has exclusive rights to offer futures and options contracts based on Standard & Poor's indices through 2016 and Dow Jones indices until 2014.

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