Tag: Exchange Mergers

Bye Bye Toronto, Hello Nasdaq?

As I (eventually) predicted, the LSE finally failed to convince enough of the TMX shareholders to support their bid to “merge” with (i.e. take over) TMX and the deal has now fallen through. In the end this looked fairly inevitable.

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Exchange Consolidation Redux

My last blog suggested that the best outcome for LIFFE would be a tie up with ICE. At which point ICE and Nasdaq OMX withdrew their bid. In the latest demonstration of my powers of prediction I circulated a presentation

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A fight for LIFFE?

Much of the debate surrounding the current competing bids for NYSE Euronext from Deutsche Börse and Nasdaq/ICE has concentrated on the equities business. But from the point of view of London, what really matters is the future of LIFFE, its

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Merger Mania – LSE/TMX and NYSE/Deutsche Börse

So the LSE is going to ‘merge’ with Canada’s TMX. (I use the word ‘merge’ advisedly – as with all mergers there is one leading partner. In this case, despite protestations of a merger of co-equals, it is the LSE.) 

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Is life changing too rapidly for the exchanges?

I recently gave a lecture to the Senior Executive Programme at the London Business School about the way in which the exchanges have evolved over the years. As the audience was non specialist the presentation was intended to cover the

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