Impressive Numbers from NYX
There is a company that benefits when markets are volatile, has a proven fundamental basis and management that knows what it is doing. Oh, and this company is key to any investor, period.
With an increasingly volatile market, why wouldn’t anyone be interested in this company?
NYSE Euronext (NYX) reported, in my opinion, some impressive numbers today. The key here is whether or not their new US pricing system has been working. A look at last month's average daily volumes handled by the NYSE group lists 2.7B for Oct. Nov saw 3.3B. This is an increase of 22.2%.
If there is one stock that should not be affected by a lowering tide, it is NYX. But I would not be so bold as to make that claim.
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