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What Does the Merger With NYSE Mean for ICE's Moat?

Morningstar's Gaston Ceron addresses the short- and long-term prospects for and opportunities in ICE's takeover of NYSE Euronext.

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Jeremy Glaser: For Morningstar, I'm Jeremy Glaser. I'm here today with Gaston Ceron. He is an equity analyst. We are going to look at the IntercontinentalExchange and New York Stock Exchange merger and what it could mean for their moats.

Gaston, thanks for joining me.

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Jeremy Glaser does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.