The Uncertain Future Of a Little Brother: No Big Board Merger, So Where Does an Orphan go?
Traders Magazine, June 2002
Merger talks between the Big Board and the American Stock Exchange have hit a snag and that leaves "the orphan" exchange of Wall Street searching for a new parent. "Put a fork in it. It's just about done," said one NYSE source. Sources at both the Amex and NYSE agreed that a merger deal is just about dead.
All TradersMagazine.com articles are archived after 7 days. REGISTER NOW for unlimited access to all recently archived articles, as well as thousands of searchable stories. Registered Members also gain access to exclusive industry white paper downloads, web seminars, online technology directory, the iPad App, and conference discounts. Qualified members may also choose to receive our free monthly magazine and any of our e-newsletters covering the latest breaking news, opinions from industry leaders, developing trends and trading strategies.