CBOE's Brodsky expects more consolidation among exchanges

05/24/2011 | Reuters

William Brodsky, CEO of CBOE Holdings, said a wave of consolidation in the exchange sector in recent months likely will continue. Desire to merge options exchanges is not the only factor driving a Deutsche Boerse-NYSE Euronext merger, he said. "This isn't to suggest we think the consolidation will stop with this round," Brodsky said. "Clearly, the marketplace views exchange roll-ups as positive."

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