Ron Coleman

NYSE Group Posts Impressive Earnings - But Where's the Long-Term Value?

Great comments here. I would say that both of you are right on the money. There are too many barriers for small players to come in and take a large piece of the pie. And as Anad mentioned, there is a lot of consolidation in this industry, but he didn't mention Euronext. NYSE is going to be the first Trans-Atlantic exchange, and now they are looking to be Global. As you might have noticed, there has been a large push for exchanges to go public or to merge with other exchanges. I don't see there being any short term major consolidation as this is something that will take time and regulatory approval. So 3 - 5 years is a great time frame for higher growth, though there might be more growth further than 5 years out.

There are a lot of articles pertaining to this subject on FeedTheBull if you want to do more research on the NYSE.

A Look At Stock Exchange Stocks

As well, I personally own NYX, in interest of full disclosure.

A Look At Stock Exchange Stocks

I am a huge fan of the stock exchange stocks and have been following them for awhile. I think you put a great article together showing the sheer growth in the industry. Thanks for your research, it will be very useful.