Hong Kong exchange open to alliances, adds voice to merger (Reuters)

February 10, 2011 Filed under Stock Market Posted by

HONG KONG/SYDNEY (Reuters) – The Hong Kong stock exchange said on Thursday it will consider international alliances after Deutsche Boerse and NYSE Euronext announced plans to form the world’s biggest trading powerhouse. Deutsche and NYSE said they are in advanced talks to form a marketplace that would have annual trading volume exceeding $20 trillion, the latest in a flurry of mergers pointing to a shake-up of an industry under intense cost pressure from upstart electronic rivals.

View post:

(Reuters)”>Hong Kong exchange open to alliances, adds voice to merger
(Reuters)

Name:
Email:

You must be logged in to post a comment Login