Friday, February 1, 2013

CME, NDAQ, NYX: A Play on Euro Contagion

Keep an eye on exchange stocks like CME Group (CME), Nasdaq OMX (NDAQ), and NYSE Euronext (NYX).

If concerns about a European economic contagion keep options and stock trading volumes surging, these exchanges could benefit from higher trading volumes, which is the lifeblood of an exchange’s earnings power.

All the stocks are down today with the rest of the market, but a pro-longed high-volume days,
here and abroad, could mean nice pay days for these stocks.

CME is off $7.44, or 2.3%, at $321.51, NDAQ is down 75 cents, or 4%, at $20.36, and NYX is down $1.77, or 5.4%, at $31.22.

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