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The evolution of stock exchanges continued.
You spoke about the demutualization of stock exchanges.
And perhaps the same is true of stock exchanges".
Technology and globalization threaten the viability of the traditional business model of stock exchanges.
Historical events have left their mark upon the development of stock exchanges in some countries.
Yet it does not need a merger of stock exchanges to create a single capital market.
Other places besides the 30-plus dark pools are stealing the business of stock exchanges.
And one of the outcomes you're seeing of that is the mergers and acquisitions of stock exchanges themselves.
But within the highly competitive world of stock exchanges, where speed ranks first, that step was criticized.
Similar(2)
Mr. von Rosen is the chairman of a working committee set up by the Federation of Stock Exchanges in the European Community that will design the first Euorpewide listing of several hundred blue-chip stocks.
A merger between Frankfurt and London would create a market trading stocks with a combined value of $4.2 trillion, according to the International Federation of Stock Exchanges, including global giants like BP Amoco, Vodafone AirTouch and DaimlerChrysler.
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