Editorial Board
NYSE Bell Tolls for Exchange That Fell Behind
This article is for subscribers only.
The name on the building will remain and the opening bell will continue to ring every trading day. But an era is about to end, sadly, with the agreement by the New York Stock Exchange to sell itself to IntercontinentalExchange Inc.
The contrasts between buyer and seller are stark, and go a long way to explain the deal’s backstory: The NYSE is the world’s largest stock market where the trading floor and colonnaded structure in the heart of Wall Street are symbols of American-style capitalism.