Editorial - Chip leader

New York Stock Exchange (NYSE)'s decisive entry into the derivatives market through its - apparently successful - bid for Euronext will have far-reaching repercussions across the exchange landscape. While the New York exchange will no doubt initially have its hands full integrating the two core equities businesses there can be little doubt that it will in the fullness of time seek to extract value from Euronext Liffe. If the deal completes, the...