The Final Frontier - Online Remote Trading Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Final Frontier - Online Remote Trading

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: samtrader	8/3/2006 3:13:12 AM
	of 12617

Nasdaq eyeing BSE pie? PTI \| August 02, 2006 \| 13:23 IST Robert Greifeld, chief executive officer?of the NewYork based-Nasdaq, the world's leading stock exchange for technology stocks, on Tuesday met officials from the Bombay Stock Exchange in a closed-door meeting to discuss a possible strategic partnership between the two stock-exchanges. While nothing has yet been made public, market sources affirm that the discussions centred around Nasdaq picking up a stake in the BSE. BSE had last month had announced that it would divest a 51 per cent stake by May 2007. It also said 26 per cent stake would be divested in favour of a bank or a stock exchange. "We are interested in participating in global consolidation," Greifeld said adding, "we are interested in forming strategic partnerships in regions where there are synergies in the business model." BSE officials did not deny their meeting with Nasdaq officials but both sides were tightlipped. Greifeld was accompanied by Charlotte Crosswell, head of Nasdaq International, and Ghanshyam Dass, Nasdaq MD for the Asia-Pacific region

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next