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Exact(13)
That raises the question of which regulators would look after a merged exchange.
The British and German regulators said, however, in the merged exchange, all trades would be reported to both regulators.
The new, merged exchange is to be called iX, for international exchange, with corporate headquarters in London.
At one time, the idea was that a merged exchange would run on German technology but under London regulation.
Although senior European executives at the merged exchange are based in Paris, it has adopted English as its official language.
Both companies will provide settlement services to the merged exchange, but a Clearstream spokesman said a merger between them was "quite a long way down the line".
Similar(45)
Deutsche Börse sources argue that merged exchanges do not need a lead regulator.
It slicked up its stockmarket, set up a derivatives market and joined in the rush to merge exchanges.
Merging exchanges allows liquidity to be pooled; it also offers the means for more efficient clearing and settlement.
The sense of shared memory and even of merged or exchanged identities between the lovers is amplified by the film's double screen projection (one print is gray, the other sepia).
In 1973 the exchange merged with several regional stock exchanges in Great Britain, and in 1986 its operations were reorganized and an automated price-quotation system introduced.
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