In France, too, minority shareholders were enraged when LVMH, a luxury-goods firm, secretly seized a 17% stake in Hermès, a rival, using derivatives.
The Nasdaq, Hong Kong and London exchanges challenged it for new listings; the Chicago exchanges led in the innovation of indexes, futures and other derivatives; and rival trading platforms have eroded the profitability of its once-core stock trading business.
Growth within credit derivatives has prompted exchanges to try and increase their exposure to the credit derivatives market, as ICE rival, CME Group, did last March when it acquired derivatives data company, Credit Market Analysis.
Perhaps in some hypothetical beginning of things it was the only way of using language or simply was language tout court, prose being the derivative and younger rival.
I'm A Celebrity … and The X Factor underperformed and would need to be refreshed, said Mr Crozier, who called the BBC's new rival talent show, The Voice, "derivative".
The calculated gas phase enthalpies (ΔHacid) of deprotonation were 220 240 kcal/mol for the proposed acids with -CN substituents indicating that they can rival the inorganic carborane acid derivatives in gas phase.
Nyfix Inc., the operator of electronic trading systems for securities and derivatives, agreed to buy a rival, Javelin Technologies Inc., for about $55 million in stock and cash to add institutional clients.
Microsoft can justify the purchase if Lionhead comes up with just one exclusive hit that will separate the Xbox 360 from its rivals in a market where games often look derivative and repetitive.
Deutsche Börse, its German rival for the LSE, raised the possibility of moving its Eurex derivatives business to London.
Traders from rival firms were already figuring out on Sunday how to match derivatives trades they had with Lehman to protect themselves when markets opened in the United States on Monday.
