Major drop in the exchanges due to news that there may be possible legal action to disallow the ownership of clearing houses within the exchange, due to blockage of competition. I think the exchanges are a buying opportunity here, as I doubt this will actually come to pass. They are down about 7-10% today, but caution is warranted, due to the size of the fall.
Update
I'm in a very small position ICE at 117.25
Tuesday, February 5, 2008
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment