NYSE Euronext Merger
The worldwide move to huge global businesses and financial markets continues with the New York Stock Exchange and the Euronext merger. It seems to be a race between the major financial markets of the world to see who acquires whom.
A description of the new group from the NYSE website is as follows:
“NYSE Euronext, the holding company created by the combination of NYSE Group, Inc. and Euronext N.V., was launched on April 4, 2007. NYSE Euronext (NYSE/New York and Euronext/Paris: NYX) operates the world’s largest and most liquid exchange group and offers the most diverse array of financial products and services. NYSE Euronext, which brings together six cash equities exchanges in five countries and six derivatives exchanges, is a world leader for listings, trading in cash equities, equity and interest rate derivatives, bonds and the distribution of market data.”
The big get bigger and ever more efficient as the trend towards investors of all sizes trading world markets continues.
You had soon better learn to function with little or no sleep if you intend to closely follow the sun as it rises on the markets of the world.
