Tweet "Nasdaq/ICE talks reach a critical stage as both boards notified & Nasdaq hires BAC to look at strategic moves in response to NYSE/DB deal." from Charlie Gasparino of Fox News Network
Additional M & A activity in the Exchanges and Clearing Market;
- Hong Kong Exchange merger with the Australian Securities and Exchange
- London Stock Exchange merger with the Toronto Stock Exchange (this is a bid to create what would become the largest exchange for mining companies at a time of soaring commodity prices)
- The Shanghai Stock Exchange and the BM&F Bovespa (the largest exchange in Latin America) are to announce next week the cross-listing of stocks - This represents a deepening of ties between the two emerging market powerhouse and two member of the so called 'BRIC' nations.