European platform wins investors

Article Abstract:

A consortium of 13 companies has acquired a significant minority stake in Chi-X Europe Ltd., a stock trading platform owned by Japan's Nomura Holdings Inc. The consortium includes Lehman Brothers Holdings Inc., Merrill Lynch and Company Inc., and Credit Suisse Group. Chi-X represents a challenge to Europe's large stock exchanges and may drive trading prices down.

Author: MacDonald, Alistair
Europe, Financial management, Security and commodity exchanges, Financial Services, Finance and Insurance, DEPOSITORY INSTITUTIONS, United States, Japan, Financial services industry, Switzerland, Company investment, Investments, Stock-exchange, Stock exchanges, Credit Suisse Group, Lehman Brothers Holdings Inc., NMR, Merrill Lynch & Company Inc., Nomura Holdings Inc., CSGN

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Iceland may join the crowd

Article Abstract:

The Iceland Stock Exchange is considering merging with the OMX AB group of Scandinavian stock exchanges. The stock exchange will decide in October, 2005 wheter or not to be acquired.

Author: Roth, Terence
Acquisitions & mergers, Iceland, Mergers, acquisitions and divestments, Company acquisition/merger, Company Profile, Iceland Stock Exchange

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Subjects list: Securities industry
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