I'm a bread and butter playmaker, but from what I can see nyx is clicking along and should deliver savings and earnings on schedule. What is needed here is a catalyst of some kind a tokyo deal, spanish bolsa, lse,deutsche,,, something on that order, regaining mktshare will be tough as it is incremental if at all and the worldwide market volumes are growing dramatically.
He did say some interesting things, that the lse sale doubled their engs, that they are the "largest listing venue on the planet, and they operate on six (6) continents. I do think its time that duncan moved on some of his prey.
Close the Amex deal, wait to see how the cards fall from Justice around clearing, then move on the domestic commodities exchange. In the mean time isolate DB in Europe and expand the commodity integration abroad and kick start the new product offerings on Liffe.
Now on to Ben he's about 50-50 now on market reaction to his comments. Started out with a winning streak slumped since then and so see if he turns it around today and gets hot again.
I have seen him say that on CNBC too. very different management style from Thain and Duncan; vey different stock performance for 2007too. but he has the wind at his back as the analysts like his stock.
Some say blinking is a sign of lying. Watch the eyes flutter when he talks about listings and transfers and the their non-specialist product. Tough to hide body language no matter how many softballs your lobbed.