NYSE Euronext, Inc.
<B>NYSE Euronext, Inc.'s</B> (<a href=http://www.zacks.com/stock/quote/nyx>NYX</a>) first quarter earnings were flat compared to the Zacks Consensus Estimate in spite of expense management, improved derivatives markets and the successful integration of NYFIX acquisition. <P ALIGN="left"> However, the company continues to suffer from weak trading volumes, which is directly affected by economic and market conditions, volatility of interest rates, inflation, changes in price levels of securities and the overall level of investors confidence. Except ETFs, weak volumes have been witnessed across equities, bonds and structured products of the company. <P ALIGN="left"> Also, the current initiatives that are being taken up by regulators and governments, such as restrictions on high frequency trading and taxes on securities transactions, are liable to have a materially adverse effect on overall trading volumes.
June 27, 2010 | Filed Under Stocks to Sell
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