NYSE Euronext - Giddy Up (NYX)
The NYSE Euronext (Public, NYSE:NYX) is up 3% today thanks to an upgrade. Shares of NYX are trading above $25 going in the final hours of trading, a reason enough for a Festivus.
Raymond James upgraded NYSE Euronext (NYX) to outperform, on an attractive price point. "Market-share gains in its U.S. options businesses, as well as rebounding futures volumes, should improve the earnings picture."
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WHAT IS THE NYX?
NYSE Euronext is a diverse exchange group. The Company offers a range of products and services in cash equities, futures, options, swaps, exchange-traded products, bonds, market data, and commercial technology solutions, all designed to meet the evolving needs of issuers, investors, financial institutions and market participants.
The Company is also a liquid equities exchange group. It operates in a range of markets, which include New York Stock Exchange (NYSE), Euronext, NYSE Liffe, NYSE Arca, NYSE Alternext, NYSE Amex and NYSE Liffe US.
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