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The New York Mercantile Exchange (Nymex), the world's largest energy market, is exploring a sale for about US$14.3 billion ($19 billion), a news agency reported, as exchanges worldwide hustle for the best merger partners.
Top Nymex executives have met their counterparts at three potential suitors - NYSE Euronext, Deutsche Boerse and Chicago Mercantile Exchange (CME) - according to the report on the website of news agency Bloomberg.
CME, however, said it was not in any discussions with Nymex regarding a merger or acquisition. CME said it remained focused on completing its merger with CBOT Holdings.
