Mega Stock Exchanges: Brazil and China's Stock Exchanges To Link

The world is unifying, even at the stock exchange level. This has certainly been a month of stock exchange mergers and acquisitions and deals. On Tuesday, NYSE Euronext and Deutsche Boerse formally announced plans to merge, a deal that would create the world's largest stock exchange operator. Earlier this month, the London Stock Exchange and Toronto Stock Exchange also agreed a merger deal.

Today comes  a new announcement (BBC). While not a merger, the Shanghai Stock Exchange and Brazil's BM&F Bovespa will sign an agreement next week that will bring  the two exchanges closer.

Bovespa, already the world's fourth largest and growing by leaps and bounds, said it was looking for cross-listing across both exchanges.
Bovespa said the objective of the deal was "to initiate a common discussion about business opportunities and exchange information".
 
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