Financial Times
The Financial Times has published an article providing an update on Intercontinental Exchange’s (ICE) acquisition of NYSE Euronext. The article looks at various factors affecting the deal and frames this alongside other failed and successful mergers of exchange groups.
GreySpark maintains that the ICE and NYSE Euronext deal is happening under exceptional circumstances. Pointing towards factors such as fragmented liquidity in US markets, the firm believes that these conditions laid the foundations for the deal to be successful.