mer buying into phlx

Discussion in 'Prop Firms' started by jungleland78, Jun 15, 2005.

  1. now people know why mer bot pax. they are looking into getting in the option biz...not for echo. wouldnt surprise me if they made echo an option only house.
  2. Nordic


    Like Merrill was not in the option business before? You need to get a clue
  3. clue? ok, mer bot the philly exch so they can give echo more flow.
  4. Weasel


    Here we go, more @%^holes stirring the put about Echo. Merrill did not buy the PHLX, a participant cannot own the exchange, it's a conflict of interest. They are a 10% investor along with Citadel with an option to buy 10% more. Why would Echo become an option only house? Makes no sense. Get a grip dude.
  5. Nordic


    Go back to the Jungle Tarzan
  6. very funny.