NMX - New York Mercantile Exchange.
Merrill Lynch put out a sell on this last week because they feel this new stock can't earn enough to meet the over stimulated sector of IPO's for exchanges.
I am in business and exchanges have had monopolies for so many years that they could make money with their eyes closed. They were the fat cats. Now with the new electronic trading there will be so much more volume than before with less manpower, that their costs will go down. All of the members of the exchanges get a portion of the IPO and that is how they will make their money just like the common people that will own the exchange stocks.
This stock will be a buy after the Merrill effect wears off. Be ready to buy when it turns around.