An Indian Civilizational Perspective

The Hot Stocks of Securities Exchanges!

Securities Exchanges are hot.. REAL HOT stocks these days!! I bought in Intercontinental Exchange (ICE) last year at $45-46 and today it is trading at $134! Similarly I caught hold of an Over-the-Counter stock OPBL.OB at $3.6 a week back and today it touched $6.5!

Nymex – the energy exchange moved up as well as CBOT. All on the back of record trades happening at these exchanges!

And meanwhile comes the news that New York Stock Exchange is buying a stake in the National Stock Exchange of India! Jim Cramer says:

Also, New York Stock Exchange Group Inc. led a team of investors including Goldman Sachs Group Inc. to buy a 20-percent stake in the National Stock Exchange of India. New York Stock Exchange said it paid $115 million for its 5-percent stake in the exchange.

Shares of New York Stock Exchange Group rose $3.61, or 3.3 percent, to $108.11 on the NYSE.

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