Not in the U.S., anyway. Why?
What's uninteresting about the fact that seven major brokerages are attempting to create a stock exchange to compete with the LSE?
The major players are Citigroup, Credit Suisse, Deutsche Bank, Goldman Sachs, Merrill Lynch, Morgan Stanley and UBS. They're responsible for about HALF of the business on the LSE right now.
Exchanges are -red hot- right now. Is this factored into, say, Goldman Sachs' astronomical share price? If not, is GS going to 250? 300?
Oh, and here's another thing. Think of how many companies are going public in London to avoid the regulations in the US. If you can go public on this exchange and avoid SarbOx, would you?
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