Brazzil

One of the two companies will probably be....the non ferrous metals division of Cia Vale.

Will see !

This is seen in the phenomenal growth of the Novo Mercado segment of the São Paulo stock exchange. The success of the Novo Mercado shows that Brazilian investors and shareholders (and foreigners flocking to it) prefer transparency. . .

It is wise to create markets where one can; eliminating dependency on any single market or any single sphere of economic investment. Brazil has the unique opportunity to expand its nascent market ascendency; if only for the international experience. As AIM is less stringent than SOX or Novo Mercado, it would give opportunity to some of the more financially creative Brazillian companies that are more than willing to do business in unfettered markets. . .unfettered that is by the tediousness of red tape, audits, and generally accepted fiscal policies. . .allowing for more creative sub rosa styles of conducting business. In either case it would do well for Brazil to have a presence in one of the more important financial and banking centers in the world.

The Lord Mayor of the City of London, Sir John Stuttard, has been visiting Brazil, touting London as the world's leading financial center and trashing the New York Stock Exchange.

Wait a minute.Is this good Lord not a great admirer and friend of good ole Hugo Chavez? Would appreciate more Intel on this Good Lord.I hope soon,soon, Sir.John will have a bust of his installed right next to the statute Christ, the Redeemer,in Rio.

AES, you are in charge of this pet project of mine

We have decided to issue a new 1 Real coin with the head of the Good Lord, Sir John on one side and the good senior de Silva on the other, the cost of a bust being too prohibitive.

the cost of a bust being too prohibitive.

A point well taken,my good sir.We totally approve of your cost cutting measures.Capital, old chap. I am sure Sir John and Mr.da Silva will convince the Bank of England to finance this project of ours. If the noble Lords at the bank refuse, we can always seek the financial assistance from Comrade Chavez

I could be mistaken, but wasn't the London Exchange an NASD/Nasdaq aquisition target recently? The NYSE or NASD could certainly buy the London Ex.

could be mistaken, but wasn't the London Exchange an NASD/Nasdaq aquisition target recently? The NYSE or NASD could certainly buy the London Ex.

Another point well taken. Would AES care to comment on this issue?

Will see !

By your command,Fraulein

LONDON: Nasdaq on Monday put its stake in London Stock Exchange up for sale, putting an end to a one and a half year-long attempt to buy the rival that has included a hostile bid, a dawn-raid and a 48-page public defense circular.

LONDON: Nasdaq on Monday put its stake in London Stock Exchange up for sale, putting an end to a one and a half year-long attempt to buy the rival that has included a hostile bid, a dawn-raid and a 48-page public defense circular.

I read this shocking News from the link you posted.Of course, the blame rests entirely on the inability of competent Americans like your good self to outsmart the Brits.

I am really sorry to say that this way, you are not going to get your Knighthood,AES.I was looking forward to seeing ya on Rede Globo,kneeling in front of the good Queen and be knighted,before Christmas. However, I am confident that you will organize our allies(especially the Swiss!) to buy the London stock exchange and be knighted on the New year day (unless the queen refuses to work on Jan 1st).

Anyway thanks for the post.Couldnt resist taking a dig at ya

You are mixing up everything..... again !

What are the FOREIGN companies listed in the Novo Mercado ??????
Furthermore, your "the blame rests entirely on the inability of competent Americans like your good self to outsmart the Brits."
makes me smile.
Reality being The DAILY US$ volume for Stocks traded in the various US markets far far far far outstrips the UK markets or even
ALL EU MARKETS-------COMBINED !!!! Same for options, financial futures and commodities futures.

But the London markets trade more FOREIGN BONDS AND CURRENCIES ...than in the USA ! Except that these products ARE NOT EXCHANGE LISTED BUT MOSTLY TRADED BY THE MANY MARKET MAKERS. Therefore there is not a centralized place as for stocks, thus you dont have the guarantee of a bona fide trade, depending with whom you trade, contrary to the safety you get from an exchange.

This said there was an article on Bloomberg yesterday on that subject. Contrary to what Lord Mayor the idiot pretends, more and more companies, FROM THE UK AND ELSEWHERE, are.......DELISTING their company from the AIM (UK secondary market) !!!!
The reason being that companies wanting to raise New Money, usually receive interests from a minority of EXISITING shareholders but not from NEW shareholders. And the volume of shares traded in the AIM market is very very very small for most companies !