05.11.2008 - IntercontinentalExchange targets $55 billion swaps market
From Investerms.com: IntercontinentalExchange Inc. is one of the few remaining independent futures exchanges. Larger exchanges like the New York Stock Exchange (NYSE: NYX) and the Nasdaq Stock Market have acquired many of the futures and options exchanges in an effort to grow their businesses and compete. So, where does this leave IntercontinentalExchange and other smaller independent operators? Well, Intercontinental has a plan and it could turn out to be a home run...IntercontinentalExchange recently announced that it would be acquiring Clearing Corporation..... Full Article: Source
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