(Bloomberg) -- Eurex AG fired a shot across the bow of stock exchanges in the U.S. with its $2.8 billion takeover bid for International Securities Exchange Holdings Inc., the country's second-largest options market.
Europe's largest derivatives exchange is destined to surpass the New York Stock Exchange in U.S. equity-options trading, as the ISE does more business than every other market except the Chicago Board Options Exchange. The NYSE's electronic market, NYSE Arca, ranks fourth in options.
Read more at Bloomberg Stocks News
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