NYSE deal with Euronext could kick-start consolidation

The potential deal between NYSE Arca and Euronext (see story p1) has many in the industry thinking it could set off a wave of new deals across stock, futures and options exchanges.

The NYSE Arca/Euronext deal has been designed to create some of the synergies that many exchanges in the financial services sector have been touting for some time. NYSE officials have tried to sell the deal as major cost savings on technology and a boost for launching products on one another's trading platforms. For many in the industry this could be the spark...