Friday, September 21, 2007

The Stock Exchange Shuttle

This is what you call an exchange. The Dubai stock exchange will buy OMX, the Nordic stock exchange (stock markets in Stockholm, Iceland, Copenhagen and Helsinki), then it will sell its entire ownership in it to NASDQAQ (NDAQ). At the close of this transaction, Borse Dubai will own 20% of Nasdaq and 28% of the London Stock Exchange (LDNXF.PK). To top it all off, the country of Qatar just bought a 20% of the London Stock Exchange.

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