Commentary: Game theory didn't warn NYSE about takeover by ICE

12/28/2012 | Bloomberg

The New York Stock Exchange has used game theory to make sure it was in command of its own future, but it never anticipated that it would be taken over by IntercontinentalExchange, former NYSE finance chief Amy Butte writes. "In an odd twist, the combination of the NYSE and ICE may force the CME and Nasdaq OMX Group Inc. together in order to maintain balance in the U.S. markets," Butte writes.

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