Mostly… fixed income and cross product eTrading

September 12, 2007

Exchanges rule … ok?

Filed under: 2015, etrading — holky @ 1:15 pm

Aite says (via finextra) that despite the growing number of ECNs, dark pools, and ATSs, the traditional exchanges will retain a large slice of US market share for equity trade vol…

.Despite the growing number of ECNs and ATSs, over the long-term success will follow liquidity and many of the smaller players will simply go out of business, says Aite. The few successful remaining ATSs will likely find themselves being bought up by the major exchanges such as Nyse Euronext and Nasdaq.

Surely that’s consistent with the argument the exchanges make whenever pitching for business (new or retaining); the “we’ve done this stuff for years. Sure we will make changes to make us more competetive and so on, but who do you want to trust to be there for the longer term?

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1 Comment »

  1. Not bought up by the major exchange maybe- but Boerse Berlin takes majority share in equiduct – http://www.finextra.com/fullstory.asp?id=17489

    Comment by Holky — September 26, 2007 @ 6:55 am


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