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NYSE-Euronext Marriage June 2, 2006

Posted by newyorkscot in Markets.

New York Stock Exchange has agreed to buy Euronext for $10bn, creating a market with capitalization of about $20bn. Looks like the American HQ will be in New York, with offices in Paris and Amsterdam, as well as a derivatives business in London. How much will it cut the cost for users of the combined exchange ?

What's next in the consolidation of the global exchange market – LSE and NASDAQ ?

Article From Finextra, and from Marketwatch.com


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