Reginal Thomas
All posts from Reginal Thomas
Reginal Thomas in reginal thomas,

Bigger News On The Horizon For BATS/Direct Edge

The merger between the two stock exchanges BATS and Direct Edge may has controlled headlines ealier this week but in a few years expect even bigger news for the newly former market giant. 

The New York Stock Exchange (NYSE) is in the middle of a merger deal with Intercontinental Exchange (ICE) which is expected to be done by the fourth quarter of this year. ICE might concider selling the NYSE's cash equities business, it only makes a small portion of the companies revenues, where it makes most of its revenues in selling market data and listing fees.