PT  - JOURNAL ARTICLE
AU  - Ted Oberhaus
AU  - Milton Ezrati
TI  - Exchange Mergers
AID  - 10.3905/jot.2006.644084
DP  - 2006 Jun 30
TA  - The Journal of Trading
PG  - 17--19
VI  - 1
IP  - 3
4099  - https://pm-research.com/content/1/3/17.short
4100  - https://pm-research.com/content/1/3/17.full
AB  - Exchange consolidation has heated up significantly in the last few weeks. While the bids mainly to acquire prime property such as the LSE and Euronext raise nationalist feelings among politicians and fears among regulators, investors nonetheless should welcome the trend. Larger, better integrated exchanges promise more liquid trading, more effective price discovery, better information technologies, lower costs, and in time, the ability to trade stocks, bonds, and derivatives side by side.TOPICS: Exchanges/markets/clearinghouses, financial crises and financial market history