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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