World’s first trans-Atlantic stock exchange

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That’s what the NYSE is looking to do with its’ purchase of Euronext. This just goes to show how big international trading is getting. More and more people are looking to invest in countries other than their own, so the potential for trans-Atlantic trading is huge.

The NYSE also made the move as part of a strategy to block NASDAQ from doing the same. There’s an offer on the table from a German rival as well, so someone had to step up to the table and make the deal:

“NYSE Euronext will be the world’s most liquid and truly global financial marketplace, offering unparalleled benefits for investors and issuers in the United States, Europe and across the globe,” Thain said in the statement.

There’s no doubt what he’s saying could be true. With more money coming in from both sides of the ATL, you can expect even more liquidity and volume in the market. This can only be good for investors.

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