CME CME Group Inc

CME Group Inc.'s (CME) talks with Illinois officials about a tax deal to keep the futures exchange operator's headquarters in the state are advancing, even as it expects to receive proposals from five states this week to lure it away, Crain's Chicago Business reported Monday, citing people familiar with the talks.

CME Chairman Terry Duffy and Illinois Gov. Pat Quinn met recently to discuss a new way to tax the exchange based on where its futures market transactions occur as opposed to tying it to floor trading as is currently done, the people said.

CME executives have had discussions with officials from Florida, Texas, Indiana, Louisiana and Tennessee. The CME said "no decision has been made" on moving its headquarters.

Full story at http://www.chicagobusiness.com/article/20110912/NEWS01/110909876/cme-talks-with-illinois-advance

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