Longer term there is no doubt consolidation in stock exchanges globally will continue, near term the road blocks have been from regulators primarily, but over time it is feasible that a European and Asian exchange could merge.

Ashley Pittard

Categorized in : Business

The LME business also has significant cost-saving opportunities and further potential to expand its commodity breadth of products, which combined should drive significant earnings growth over time, if management execute on these organic growth options.

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