http://www.latimes.com/news/printed...,1,3519739.story?track=rss&ctrack=1&cset=true "The exchange's parent company is nearing completion of a $14-billion deal to buy Euronext, an Amsterdam-based company that runs securities markets in five European capitals." Thoughts?
Hopefully, they'll change the rip-off culture in commissions on European securities trading. But, maybe it'll get even worse. I'm still waiting for the day the idiots in London get rid of their stamp duty. Overall, these foreign exchanges DO need a kick in the pants and be more accessible/cheaper.
I have a fantasy that NYSE management told the big traders DO NOT cause panic DO NOT cause volatility until after this merger deal is complete. After the merger then you can have all the fun and games you want.