Unit 1. First Trans-Atlantic Stock Market Aims for Early 07 Launch
The planned NYSE-Euronext merger is a good example of how financial markets have grown increasingly international and competitive.
The NYSE Group and Euronext hope to create the worlds largest financial exchange group by the end of March. Their shareholders voted last month to approve a plan to combine the two exchange operators.
The proposed fourteen billion dollar deal will create the first trans-Atlantic stock exchange. American and European government officials must still approve the merger plan. The new group, to be called
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