Better Buy: CME Group vs. Intercontinental Exchange
At first glance, CME Group (NASDAQ: CME) and the Intercontinental Exchange (NYSE: ICE) seem pretty similar.
Both manage huge exchanges and are in the business of providing a platform for investors to buy and sell securities. Both make their money on transaction fees and charging investors for real-time data. CME Group concentrates mainly on derivatives contracts-futures and options, while the Intercontinental Exchange trades futures, options, and stocks.
But which stock is the better bet right now? Let's take a closer look at the two and see what determination can be made.
Source Fool.com