NYSE and Amex: What If?

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A merger between the New York Stock Exchange and the American Stock Exchange appears to make sense. But

It was only a few years ago that the NASD acquired Amex, signaling perhaps a dramatic balance of power shift in the US equities market. However, the business and technology synergy expected from the Nasdaq-Amex combination never materialized. In terms of technology, Amex's floor-based trading technology and Nasdaq's electronic trading business could not be integrated to realize any significant

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