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NEW YORK (Reuters) – Nasdaq OMX Group Inc (NDAQ.O), mitt discover of a orbicular merger frenzy among exchanges, is exploring options that include teaming up with a partner on a rival effort for NYSE Euronext (NYX.PA) (NYX.N), a mortal old with the status said on Tuesday.

The alternatives include the existence of attachment up with IntercontinentalExchange Inc (ICE.N) or CME Group Inc (CME.O) to wrest NYSE Euronext discover of its care with Deutsche Boerse (DB1Gn.DE), the mortal said.

Nasdaq may also study selling itself or buying added competitor if it is unable to contend with Deutsche Boerse on the NYSE deal, the Wall Street Journal said.

A Nasdaq spokesman was not directly available to comment. The mortal old with the status asked to remain nameless because the talks are private.

Nasdaq has institute itself to be the odd-man discover in a program of exchange-operator deals in past months.

Pressure is mounting on orbicular bourses to essay partnerships to counter the threat from bigger rivals and alternative trading platforms, and to cut costs.

In past weeks, Deutsche Boerse united to take NYSE, the London Stock Exchange Group Plc (LSE.L) declared a care to verify over river hit mart operator TMX Group Inc (X.TO), and BATS Global Markets said it module take mortal Chi-X Europe.

Last October, Singapore Exchange united to take Australia's ASX.

It is not clear where Nasdaq's efforts module lead, the mortal old said.

Indeed, officials at both ICE and CME hit been cautious most possibleness deals.

Earlier this month ICE Chief Financial Officer histrion Hill said his exchange, which trades energy futures as substantially as over-the-counter swaps, sees "a aggregation of opportunity in the changes that are going on."

But he said ICE is "proceeding carefully on the M&A side, because what we don't poverty to do is we don't poverty to take to physique scale."

Officials at CME, which owns the metropolis Mercantile Exchange, hit said they are not thinking some large acquisitions and hit promised to convey excess change to investors in the modify of dividends or deal buybacks.

The New royalty Times' Dealbook last week said Nasdaq and IntercontinentalExchange were in talks to aggroup up on a possible effort for NYSE Euronext.

(Additional news by Michael Erman; Editing by Gary Hill and Muralikumar Anantharaman)

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