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Europe Daily Bulletin No. 7709

4 May 2000
Contents Publication in full By article 32 / 56
ECONOMIC INTERPENETRATION / (eu) stock exchanges

The markets in London (LSE) and Frankfurt (Deutsche Boerse) have announced their merger, in a move that will create Europe's biggest stock exchange. Baptised iX, it will be the world's second largest exchange behind Wall Street; it will be 50-50 owned by the two partners and will account for around 53% of stock trading in Europe. Nasdaq, the American exchange, plans to join forces with the new venture through the creation of a 50-50 joint venture between iX and Nasdaq Europe. Officials for...

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION