Bloomberg (February 14)
2011/ 02/ 15 by jd in Global News
The proposed merger of Deutsche Börse and NYSE Euronext is “more desperation than love.” When NYSE merged with Euronext in June 2007, the two companies executed 64% of all trades in NYSE-listed stocks and ETFs. By January 2011, the figure had dropped to 33.9%. There is little to guarantee this newest merger proposal will be any more successful in reviving the fortunes of either exchange.
Tags: Desperation, Deutsche Börse, Exchanges, NYSE Euronext
