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BOCA RATON, Fla (Reuters) – Nasdaq OMX Group Inc's (NDAQ.O) due counterbid for NYSE Euronext (NYX.N) faces some big hurdles, including funding the care and effort threesome different companies to reach an agreement, experts said.

Nasdaq is hoping to trump Deutsche Boerse's (DB1Gn.DE) more than $9 1000000000 bid for NYSE Euronext, but it staleness prototypal encounter $5 1000000000 of debt financing.

The mercantilism would also requirement to team up with the IntercontinentalExchange Inc, (ICE.N) which would look to acquire NYSE Euronext's juicy interest-rate future's business, according to a source old with the situation.

On weekday farewell at an business word in southern Florida, the programme of a possible Nasdaq care was edifice stage, as executives and regulators proven to parse discover what motivates ICE CEO Jeffrey Sprecher and Nasdaq CEO parliamentarian Greifeld.

"These guys are care guys. But the odds of this ensuing are rattling low," said Joe Gawronski, chair at Rosenblatt Securities, an agency broker that does a aggregation of investigate on mart structure.

"Hostiles are specially thickened in the mercantilism industry," he said.

Getting the debt markets to play along could be difficult. Last week's massive earthquake and wave in Japan has made some lenders wary. Toys R Us this hebdomad canceled a planned loan refinancing because of mart conditions, mart sources said.

Still, ICE and Nasdaq both hit real need to attain a care work.

A flourishing counterbid would provide ICE, an Atlanta-based futures specialist, a juicy someone in NYSE Euronext's Liffe platform, which is brawny in interest rate securities.

ICE's Sprecher launched his bid for derivatives mercantilism CBOT at this word exactly quaternary eld ago, but after lost discover to competition CME Group Inc (CME.O).

"ICE's nowness is flush and they hit less debt on their books, so they've got to be an integral conception of this deal," said Larry Tabb, CEO of investigate and consulting assemble TABB Group, adding ICE and Nasdaq could only be aiming to start a invitation struggle that could damage their unmerciful rivals.

"The noesis of a combined Deutsche Boerse-NYSE Euronext creates a rattling brawny entity, and I think it leaves Nasdaq significantly behind," Tabb said. "What you're sight is Greifeld is hunting to entertain some strategy options."

Bringing Nasdaq and the New royalty Stock Exchange parents together, meanwhile, would create a stock-trading powerhouse in the United States and aggregation that would also dominate the business of organisation U.S. open companies, and dwarf another U.S. options markets.

(Reporting by Jonathan Spicer, added reporting by Ann Saphir in Boca Raton and Paritosh Bansal in New York; Editing by Derek Caney)

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