Bonus for London in Exchanges Deal ; City Briefing
Evening Standard - London › June 02, 2006
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Summary
LONDON is poised to be a major beneficiary from last night's agreed $20 billion (Pounds 10.7 billion) merger of the New York Stock Exchange and Euronext.
The combined company aims to leapfrog the Chicago Mercantile Exchange to become the world's largest derivatives market, and Euronext.Liffe - the futures and options market developed in London and bought by Euronext in January 2002 - will form the heart of its derivatives business on both sides of the Atlantic.See the full content of this document
Extract
Bonus for London in Exchanges Deal ; City Briefing
Key to the choice of London for the role is the success of its technology, Connect, which is superior to anything the NYSE uses.
This is also one of the crucial a...See the full content of this document
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