NYSE has discussed paying about $70m (€57m) for the business, though the talks could still fall apart, the newspaper said, citing people familiar with the matter it didn't identify. The Chicago exchange handles less than 1pc of daily US stock trading. The Chicago exchange, founded in 1882, had ambitions of establishing itself as a marketplace for small companies, especially those based in China. But the Securities and Exchange Commission last month ruled that the bid by the Chinese investors didn't comply with US rules governing stock exchanges. The exchange had hoped to address that situation by selling itself, while also creating a conduit to China.

Source: Irish Independent April 01, 2018 17:03 UTC