NYSE: London calling

Is John Thain trying to woo the London Stock Exchange’s Clara Furse? Comments by the boss of the New York Stock Exchange this week certainly give that impression. Thain has noticed that the protracted mating dance between Europe’s big three exchanges could create an opportunity for him. A merger between any two would leave the third looking for a partner. And what better partner than New York? Thain, who is about to reverse NYSE into Archipelago, left open the option of hooking up with the...