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Exact(1)
When the interactions between the agents are over a channel with finite capacity, the messages exchanged needs to be quantized.
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But quantitatively and qualitatively, information exchange needs to reach a new level.
Of course, an exchange needs supply and demand to work, and the exchanges are not huge now.
Mr. Grasso has said the exchange needs a new complex to grow beyond its cramped historic headquarters on Wall Street.
23 Nasdaq Chief Defends Handling of Trading Halt | Robert Greifeld said that the exchange needs to work on its "defensive driving" to deal better with mistakes by others.
And the information exchange needs to include data from tax havens like the Cayman Islands that are not part of the G-20.
This year, the exchange needs to replace 3 of the 12 public members of the board, including Martha Stewart, who stepped down after becoming embroiled in an insider trading investigation.
But the exchange needs public confidence that it is a vigilant watchdog, ready to enforce rules against brokers and even the companies that list on it.
The Exchange needs canny design for intimate domestic drama, but here the play is stranded in the middle of a big playing space.
At the heart of its business is the idea that pairing people in the same country who want to transfer currency means no real exchange needs to occur, saving on foreign exchange fees.
And ASX, having this year lost its domestic monopoly on shares and futures trading when Chi-X Global won approval to set up a rival exchange, needs to expand into Asia.In this section The indispensable economy?
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com