NYSE Euronext (NYX)

[peacecorps]

So bad is the earnings at the end of Oct? It dropped from 46 to 40 in the last earnings, now going to 30 after next ER?

Obviously, the US volume is healthy but EuroNext sux so overall cash trading revenue should be down only slightly. But that should not translate to another 20% drop in PPS. What's worrying may be the downtrend - but the PPS is off more than 50% already. That's not enough punishment?

Look at NDAQ, obviously it is more expensive than NYX, but it does not have the drag of Euronext.

Anyway, this is sobering for the longs.