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The Basement
Germans buying NYSE?
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<blockquote data-quote="Ned Ward" data-source="post: 18952" data-attributes="member: 100"><p>Re: Germans buying NYSE?</p><p></p><p>very much so. London and Toronto exchanges already merged, as did the Chicago Merc and CBOT (Chicago Board of Trade). In a 24 hour economy with computers running program trading, having a bunch of guys running around on the floor from 9:30 to 4pm EST doesn't always make sense. New York City will put up a fight, since they want NY to be the financial capital of the world, but having a more global exchange makes sense.</p></blockquote><p></p>
[QUOTE="Ned Ward, post: 18952, member: 100"] Re: Germans buying NYSE? very much so. London and Toronto exchanges already merged, as did the Chicago Merc and CBOT (Chicago Board of Trade). In a 24 hour economy with computers running program trading, having a bunch of guys running around on the floor from 9:30 to 4pm EST doesn't always make sense. New York City will put up a fight, since they want NY to be the financial capital of the world, but having a more global exchange makes sense. [/QUOTE]
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