Friday, March 31, 2006

U.S. exchanges still eye foreign expansion: analysts - MarketWatch

That US exchanges are looking to expand globally has been a story since I was in college, but given NASDAQ's 72% premium (and even then the deal fell apart), maybe they are getting serious now?

From MarketWatch: U.S. exchanges still eye foreign expansion: analysts - MarketWatch:
"U.S. exchanges are still interested in global expansion, including a potential acquisition of the London Stock Exchange, despite the Nasdaq Stock Market's decision to drop its bid, market analysts say."

"The all-electronic LSE might be a better fit technologically for Nasdaq, but the bigger NYSE, which is gearing up to launch an electronic trading platform, could break the bank in pursuit of Europe's biggest exchange."

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