NYSE bought stakes in NSE
January 10th, 2007
With NYSE buying stakes in NSE looks like world is formally taking note and India officially is a emerging market. In simple terms what it means is people can buy WalMart shares through NSE and can trade any NYSE listed company on NSE. This will also make the NSE more efficient leveraging the NYSE competencies .
Buzz is already around whether BSE the oldest stock exchange in Asia will follow the similar route and let NASDAQ enter India , means one cay trade stocks of Apple and Microsoft on BSE.
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