Thursday, May 10, 2012

Weird Minds Want To Know: Where Has All the Stock Trading Gone?


From Businessweek: It’s been a rough few months for NYSE Euronext (NYX), owner of the country’s biggest stock exchange. In February, European regulators scrapped its planned $9.5 billion merger with Germany’s Deutsche Börse (DB1) over concerns it would create a monopoly in exchange-traded derivatives. NYSE Euronext’s first-quarter profit tumbled 44 percent, driven by a decline in trading volume. And in April, Facebook announced it would hold the most anticipated initial public offering in years on Nasdaq, NYSE’s arch rival.

That’s not to say things are much better at Nasdaq OMX…..

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