Posted in Business, Commodities, United States Companies, Futures, Markets, IPO on December 4th, 2006 No Comments »
Nowhere is the move from floor-traded exchanges to electronic trading more obvious than on the NYMEX, the New York Mercantile Exchange. In the past, and especially leading up to that exchange’s recent IPO, seat prices–which gave the owner the right to trade on the exchange’s floor along with voting right and partial ownership–were the […]
Posted in Business, Forex, Commodities, Stocks, Equities, United States Companies, Futures, Fixed Income, Markets, IPO on November 30th, 2006 No Comments »
I’ve made mention of the fierce NY-London financial rivalry in a previous post. For the uninitiated, the basic argument is that restrictive laws and policies (like Sarbanes-Oxley) have caused New York to lose its edge in financial markets. Large companies looking to go public have instead turned to London and in many cases […]
Posted in Stocks, Equities, Websites, Europe Companies, Web 2.0, IPO on November 14th, 2006 No Comments »
This is a no-brainer right? Practically all of the major Web 2.0 sites are in the United States. Craigslist, Digg, del.icio.us, YouTube, technorati, etc to name a few. Granted, the $1.65 billion YouTube sale was to a public company, but it didn’t IPO. Europe will be first as Deutsche Bank […]