This final note today, picking up where Heidi Moore left off: What we’re going to call the New York Stock Exchange now that it’s owned by the Germans. Except, it’s not really owned by the Germans.
In the interests of everybody knowing whereof they speak, here’s the deal. The two biggest shareholders of Deutsche Borse are American. They’re U.S. mutual fund companies. And it’s not like the NYSE wasn’t already international — remember the Euronext part of the name? That’s from a merger three years ago with exchanges in Paris, Brussels and Amsterdam.
So, still, what to call the Deutsche Borse-NYSE-Euronext building at the corner of Wall Street and Broad?
I don’t know.
There’s a lot happening in the world. Through it all, Marketplace is here for you.
You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible.
Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.