NYSE shareholders are selling their shares of NYSE to highest bidder now. The NYSE business model cannot compete with other exchanges or venues. Electronic venues and dark pools taking all their profits and business.
This entire market hasn't been the same since the exchanges became privatized for publicly traded entities for profit.
Now the rules are fore profit rather than create a orderly fair transparent marketplace
there is no reason to have so many trading venues.
The financial regulators have really failed the public by letting special interest groups make market rules for profit.
1. two headquarters won't work
whole point of merger is to reduce cost and NYSE shareholder want to cash out with a profit.
2. the new entity incorporated in netherlands.
3. a foreign company controlls US markets or heart of the US financial system.
4. patriot act doesn't apply
more and more business going to electronic venues.
NYSE was a non-profit organization before. all these rules changed once the NYSE and CBOT became public listed companies.
Now the market is controlled by few major shareholders in the board.
there should be only one exchange. ban dark pools. that is the SEC job.
the exchanges used to work for the and owned by brokers/dealers and traders... the exchange is nothing without traders/investors/brokers.
NYSE is public company and they have the right to sell cause NYSE can't compete with electronic markets who don't provide liquidity.
good thinking robin..let a foreign entity controll the countries financial system. why did you think their are national securities regulators. a few guys make the rules. and global domination with acess to every market. linking the systems together one big market. global concentration of financial power in the tiny country o netherlands...what does netherland produce
The TSE is selling to LSE too.
like the US exchanges traditional exchanges like the TSE and NYSE are losing business to electronic exchanges who don't provide liquidity and play by the same rules as the TSE and NYSE exchange. electronic exchange don't have the same market makers rules like the NYSe and TSE.
these guys are selling now because they are losing market share in the exchange trading business to electronic venues.
the market keeps change and so will the rules .
the market we have today didn't exist 15 years ago. the market isn't even the same compared to a few years ago.;
This entire market hasn't been the same since the exchanges became privatized for publicly traded entities for profit.
Now the rules are fore profit rather than create a orderly fair transparent marketplace
there is no reason to have so many trading venues.
The financial regulators have really failed the public by letting special interest groups make market rules for profit.
1. two headquarters won't work
whole point of merger is to reduce cost and NYSE shareholder want to cash out with a profit.
2. the new entity incorporated in netherlands.
3. a foreign company controlls US markets or heart of the US financial system.
4. patriot act doesn't apply
more and more business going to electronic venues.
NYSE was a non-profit organization before. all these rules changed once the NYSE and CBOT became public listed companies.
Now the market is controlled by few major shareholders in the board.
there should be only one exchange. ban dark pools. that is the SEC job.
the exchanges used to work for the and owned by brokers/dealers and traders... the exchange is nothing without traders/investors/brokers.
NYSE is public company and they have the right to sell cause NYSE can't compete with electronic markets who don't provide liquidity.
good thinking robin..let a foreign entity controll the countries financial system. why did you think their are national securities regulators. a few guys make the rules. and global domination with acess to every market. linking the systems together one big market. global concentration of financial power in the tiny country o netherlands...what does netherland produce
The TSE is selling to LSE too.
like the US exchanges traditional exchanges like the TSE and NYSE are losing business to electronic exchanges who don't provide liquidity and play by the same rules as the TSE and NYSE exchange. electronic exchange don't have the same market makers rules like the NYSe and TSE.
these guys are selling now because they are losing market share in the exchange trading business to electronic venues.
the market keeps change and so will the rules .
the market we have today didn't exist 15 years ago. the market isn't even the same compared to a few years ago.;
Quote from Pagan Sunday:
Oops there goes the farm.
what will this mean for trading and why isn't this all over the news
http://dealbook.nytimes.com/2011/02/09/nyse-euronext-and-deutsche-borse-in-merger-talks/?hp
http://blogs.villagevoice.com/runninscared/2011/02/germans_to_buy.php