Monday, April 30, 2007

International Securities Exchange

Associated Press states that the German stock exchange on Monday announced the $2.8 billion acquisition of New York-based ISE, a deal that will create the world's top options market, rivaling U.S. players like the Chicago Board Options Exchange and Chicago Mercantile Exchange.

I had mentioned just this month that "I find it surprising, that no one has attempted to pick up ISE."

If you bought the stock at my