NASDAQ and AMEX: Divided They Stand
When the NASD acquired the AMEX back in 1998, promises of a joint technology and marketing effort between the AMEX and Nasdaq--the NASD-s stock market subsidiary--were the talk of the industry. Two years later, all that seems to have been forgotten and the two exchanges are quietly going their own separate ways.
Lights Out: What Killed Off the California Power Exchange?
The lights have gone out on
The California Power Exchange, leaving the energy markets in a state of flux, bankruptcy and mayhem. The energy trading arena wonders if fledgling B2B exchanges can succeed in a
market where the CalPX clearly failed.