Tuesday, December 9, 2008
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Reuters - In the world of stock exchanges, bigger is better. And although Deutsche Boerse AG said on Sunday that merger talks with NYSE Euronext had ended with no result, exchanges will still have to make cross-border mergers to contain costs.
A merger between the German bourse and the operator of the New York Stock Exchange would have generated huge synergies — around $300 million on a combined $3 billion cost base — and challenged derivatives market CME Group Inc CME.N.
"The more volume they can get on one platform, the better for exchanges, so all the mergers make sense," said Octavio Marenze, head of consultancy firm Celent.
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Tags: burst, investment-arm, larch, new-york-stock-exchange, russian-officials, spillover-effect, suggestion, united-airlines, york-stock-exchange
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Friday, August 15, 2008
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Business24-7 - With the UAE stock markets in turmoil it is vital investors re-examine their portfolios.
This week the Abu Dhabi and Dubai stock exchanges suffered their worst trading sessions for almost seven months while Dh65 billion has been wiped off their value in August alone.
Now a number of financial advisors are urging investors to diversify their portfolios more than ever in a bid to ride out these dips rather than face massive losses.
Those in the United States, for instance, who invested all their money in property are now reeling as a result of the credit crunch.
Even hedge funds, which are specifically designed to minimise investor risk, have attracted criticism and piled up some big losses.
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Tags: alternative-energy, angela-merkel, collateral-requirements, federal-reserve, global-economy, handover, ipic, man-group, market-timing, medallion, russian-officials, third-party, top-hedge-fund-earners
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