NYSE going global

mikefitz · Dec 18, 2006

http://www.latimes.com/news/printed...,1,3519739.story?track=rss&ctrack=1&cset=true

"The exchange's parent company is nearing completion of a $14-billion deal to buy Euronext, an Amsterdam-based company that runs securities markets in five European capitals."

Thoughts?

risktaker · Dec 19, 2006

Hopefully, they'll change the rip-off culture in commissions on European securities trading. But, maybe it'll get even worse.

I'm still waiting for the day the idiots in London get rid of their stamp duty.

Overall, these foreign exchanges DO need a kick in the pants and be more accessible/cheaper.

eusdaiki · Dec 19, 2006

Quote from risktaker:

Hopefully, they'll change the rip-off culture in commissions on European securities trading. But, maybe it'll get even worse.

Now they'll have the good old NYSE specialist rip-off culture...

risktaker · Dec 19, 2006

Thieves on one side, crooks on the other!

Quote from eusdaiki:

Now they'll have the good old NYSE specialist rip-off culture...

MattF · Dec 19, 2006

but which method do they choose to rip off?

eusdaiki · Dec 20, 2006

Quote from MattF:

but which method do they choose to rip off?

they are quite well diversified.

S2007S · Dec 20, 2006

hey, maybe now they will extend the trading hours. Were now a "global" market.

eusdaiki · Dec 20, 2006

You can start giving money to the specialists at 1am instead of having to wait till 930!!

Hook N. Sinker · Dec 21, 2006

I have a fantasy that NYSE management told the big traders DO NOT cause panic DO NOT cause volatility until after this merger deal is complete. After the merger then you can have all the fun and games you want.

Daal · Dec 21, 2006

great, the germans get another shot at fking america again but now with the french at their side!