NYSE Euronext

Mar
07

CCP is Not Syllogistic

Thus, saying to the EU “so if 93% of ETD is bad, can we have, like, er, merge a vast bulk of cleared OTC market and, say, half the ETD market and not call that a monopoly?”*“*’cos after all it’s not all ETD!”
2 min read
Jun
18

BM&FBovespa Monopoly - Brief

13 min read
May
20

Vale - Jean-Francois Theodore

On behalf of the Exchange Invest team, we express our profound sympathy to Jean-Francois’ family.
1 min read
Mar
10

Did Duncan Do Due Diligence?

Are we supposed to conclude that Duncan “the Value Destroyer” Niederauer was too busy with NYSE Euronext to follow the ‘news’ in September 2013...
5 min read
Mar
06

Duncan Niederauer Fund Manager - An Essential Due Diligence Resource

Anyway, there is a reason why I added the epithet “Duncan the Value Destroyer” and I think any investor doing the remotest vestige of DD needs to appreciate this too!
9 min read
Mar
06

Duncan Niederauer - A Brief Review

Euronext IPO looming, ICE will thus have dismembered much of Duncan Niederauer’s empire even before he gets aggressively into his gardening leave.
5 min read
Feb
26

ICE - NYSE Euronext Deal Brief - Part 3

Clearly any payout for selling ICE to NYSE has made Mr Niederauer a better man.
6 min read
Feb
25

ICE - NYSE Euronext Deal Brief - Part 2

ICE and NYSE said late on Wednesday that Euronext’s governing college of regulators were “not minded to object” to their proposed deal
7 min read
Feb
24

ICE - NYSE Euronext Deal Brief - Part 1

ICE bid to buy NYSE Euronext...
4 min read
Jan
24

Warsaw’s Great Leap Backwards

In the case of the Warsaw exchange, the hideous truth was that somewhere between the government which controls GPW and the management, a horrible pact has been formed to endeavour to buy the Vienna Exchange and its disjointed CEESE Group.
5 min read
May
01

Exchange Invest: May 1, 2013

Xchanging said in a statement yesterday that the contract termination was directly linked to the recent buy-out of LME by Hong Kong Exchanges and Clearing (HKEx).
5 min read
Apr
30

Exchange Invest: April 30, 2013

The CBOE outage ramifications continue while we have had a wave of results this morning.
5 min read