The NYSE-Euronext merger was completed today, with the combined $14 Billion company trading for 13 consecutive hours on trans-Atlantic exchanges.
Euronext is a conglomerate of European stock markets including Paris, Amsterdam, Brussels, Lisbon, and the London derivatives market LIFFE. NYSE Euronext is already expanding into Asia, with a partnership in the Tokyo Stock Exchange (privately held until 2009) and an ownership stake in India’s National Stock Market.
ValueWiki remains bullish on global financial consolidation. As in the European Union, economic unity promotes peace between nations. ValueWiki will be working hard in the coming months to cover even more worldwide exchanges.