In the following video, Motley Fool analysts Morgan Housel and Matt Koppenheffer discuss the recent purchase of the New York Stock Exchange (UNKNOWN:NYX.DL) by IntercontinentalExchange (NYSE:ICE). They tell us how the mass move toward electronic trading and shrinking profit margins in the stock trading business mean mergers here are a necessity, and how investors shouldn't count their chickens on this particular merger just yet, until it passes regulatory review.

Fool contributor Matt Koppenheffer has no positions in the stocks mentioned above. Fool contributor Morgan Housel has no positions in the stocks mentioned above. The Motley Fool has no positions in the stocks mentioned above. Motley Fool newsletter services recommend NYSE Euronext. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.