Daily Murmur 10/02/11

by Gary Glover

News overnight included that Deutsch Boerse AG is in advanced talks to buy NYSE Euronet in an all stock transaction that would create the world's largest exchange operator following the London Stock Exchange Group Plc's acquisition of Canada's Exchange TMX Group Inc.  This is likely to have positive ramifications for ASX and CPU and both of these could have a short term rally here.  (The ASX in particular as the Singapore Exchange Ltd's offer to buy ASX will be revisited by the market again here today)

Disclaimer

Gary Glover is an Authorised Representative (Rep No. 259215) of Novus Capital Limited ("Novus"). Novus is a holder of Australian Financial Services Licence No 238 168. Novus, its directors, officers, associates and employees each declare that they, from time to time, may hold interests in financial products and/or earn brokerage, commission, fees or other benefits from financial products mentioned in this e-mail or attached documents. Unless specifically stated within this page or an attached document, any information communicated by this e-mail constitutes unsolicited general financial product advice which has been compiled without regard to any investor's individual objectives, financial situation or needs. It is not specific advice for any particular investor. Before making any decision about the information provided, you need to consider the appropriateness of this information having regard to your individual objectives, financial situation and needs and consult your adviser. Any indicative information and assumptions used here are summarised and also may change without notice to you, particularly if based on past performance or relate to a future matter.