Ed Ditmire,Capital Markets Analyst at Macquarie Group Limited,thinks the NASDAQ/OMX Group,the Times Square-based stock exchange,is characterized by efficiency and lower growth,with an equity emphasis.It is pressured by the forthcoming merger of Deutsche Boerse-NYSE/Euronext,but seems to be more of a target than an acquirer.
A large Asian exchange such as Hong Kong may go after NASDAQ/OMX.After all,Hong Kong uses the NASDAQ trading system.
Mr.Ditmire is very positive on the stock exchange sector.There are better business trends now,with more mergers and acquisitions.It's hard to rule out any deal as having no merit.
NASDAQ/OMX is reportedly considering a range of options to respond to the NYSE deal,from launching a rival bid for NYSE with a partner,to buying another exchange,as well as possibly selling itself.The company fears being marginalised.
Macquarie Group Limited is a full service financial firm with 15,500 employees.It is based in Sydney,Australia and has 300 billion dollars under management.
Macquarie Group Limited(MQG),NASDAQ/OMX Group(NDAQ)
No comments:
Post a Comment