The 213-year-old New York Stock Exchange vaulted into the top ranks of electronic stock trading Wednesday, announcing a merger with all-electronic Archipelago Holdings Inc. in a stunning move that will also transform the NYSE into a for-profit, publicly traded enterprise.
Citic, Haitong Gun for Merrill, Dwarf Bear on Top Broker List
Sept. 26 (Bloomberg) -- China's 167 percent stock rally this year has made Citic Securities Co., its largest brokerage with a market capitalization of $39.4 billion, bigger than all but three counterparts on Wall Street. Link to original articleMake decisions now for '08 taxes
This is a multi-part message in MIME format. ------------=_481D6277.321FF682 Content-Type: text/plain; charset=iso-8859-1 Content-Disposition: inline Content-Transfer-Encoding: 8bit Spam detection software, running on the system "server.destinpro.com", has identified this incoming email as possible spam. The original message has been attached to this so you can view it (if it isn't spam) or label similar future email. If you have any questions, see the administrator of that system for... more...NEW YORK -- The rally that carried Wall Street to new highs this year may also propel the brokerage industry into a period of takeovers and consolidation. Read more here
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