All GLG News Analyses Filed Under: Exchanges & Capital Markets

Shareholders on both sides of the Atlantic have agreed on a merge of the two giants, NYSE and Euronext. The Exchanges landscape will be definitely changed thereafter. 1. Healthy competition 2. Globalization of trading 3. Lower transaction costs

With  Euronext  shareholders  agreeing  to merge  with  NYSE the  beginning  of  a  new  era  in  capital  markets and  convergence  begins. This  analysis takes  a  look  at  the  possible ...

1. New alliance partner to fight in an expanding market 2. Corporatisation and public holding to stem dwindling popularity

1.  The market is grasping a fundamental risk in defined benefit plans.  That risk is in matching the duration of the pension fund's assets and liabilities (i.e.,  immunizing the pension fund).2.  Accountants need to recognize this asset-liability risk and disclose...

Eliminating the first-time/switching NYSE fees is a good gesture for companies looking to make the Big Step. Many companies wanting added stability and recognition may be enticed with this incentive. For the private companies, however, these fees are just the tip of the iceberg.

1. In the aftermath of the Pension Protection Act of 2006, pension funds are under more pressure to close funding gaps.2. Pension fund fiduciaries are being encouraged (perhaps forced) to examine interest rate risk strategies.3. There is a groundswell of interest in long-term bonds on the part of pension...