This week, the New York Stock Exchange announced it had agreed to be purchased by a firm named Intercontinental Exchange. Does this mean anything? Will this have any impact on the stock markets?
Since Intercontinental Exchange has its headquarters in Atlanta, the New York Stock Exchange became a Southern company this week. In so many ways, that is simply beyond awesome.
OK, maybe Atlanta isn’t the most Southern city, but I imagine it is a lot easier to get a bowl of grits in Buckhead than it is Brooklyn. Sure, the company says it will maintain two headquarters, one in New York and one in Atlanta, but that never works for too long. Full Article as Previously Published in the Montgomery Advertiser 12/21/12