The CME Group Inc. (CME) has queried traders recently about the viability of opening a cocoa futures contract to compete with IntercontinentalExchange Group Inc. (ICE), Reuters reported Friday, citing two traders whose firms have been approached by the Chicago-based exchange.

Talks are at an early stage, the traders said, with one noting that CME Europe has invited about 20 companies to a briefing in London later this month where an overview of the proposed cocoa contract is expected to be presented.

Full story at http://in.reuters.com/article/2014/04/11/cme-group-cocoa-europe-idINL1N0MV1K320140411

Write to nymonitoring@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

CME (NASDAQ:CME)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more CME Charts.
CME (NASDAQ:CME)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more CME Charts.