Cynics Plague London Stock Exchange Nasdaq Merger Deal

A few London Stock Exchange brokers and traders are wondering what benefits, if any, would be realized from merging with Nasdaq? The answer to that question is that no one is entirely sure.

CEO of the London exchange, Clara Furse, declined Nasdaq's $4.1 billion offer almost fourteen days ago, as she has previously declined multiple similar proposals since taking charge of the exchange five years prior.

However many investors in London are extremely optimistic that a winning bid is coming from the US that they have hedged the stock prices of the London exchange by a hearty twenty percent above the offer, even as the market continues to loose its footing and slip from its high point on Monday. During the Day Thursday, values edged up 1.5 pence, to finish at