“It's clear we are trading cheap relative to the other exchanges. It doesn't tie in with our actual performance.”
Clara Furse
“Valuations have gotten relatively lofty in all six publicly traded exchanges. Nasdaq is the best buy of the six. It's a cost-cutting story. The opportunity to take share should extend through 2006 and 2007.”
Rich Repetto
“A growing percentage of trading closed-end funds is occurring electronically and away from the exchange floor. NASDAQ is well designed to trade closed-end funds. NASDAQ's electronic trading is efficient, translating into excellent retail investor access. And NASDAQ Market Makers are well qualified to address the nuances of trading closed-end funds.”
Bruce Aust
“The individual exchange rates won't be supported officially...but if this index is relatively stable vis-a-vis external currencies then it's quite useful.”
Masahiro Kawai
“Silver ... continues to eye upside resistance pegged at $10.50 as ETF [exchange-traded funds] speculation continues.”
James Moore
“It is not an intelligent move to adjust exchange rates according to volumes traded while there is a serious scarcity of foreign currency on the official market.”
John Robertson
“The adjustment in the exchange rate will only have a limited effect in resolving global trade imbalances. The imbalance in the global economy is mostly caused by fundamental factors and this huge imbalance cannot be fully resolved only by adjusting the exchange rate.”
Yi Gang
