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| Subject: Shares of NYSE owner fall as Morgan Stanley and Fidelity plan rival exchange Mon Jan 07, 2019 8:04 pm | |
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- Shares of the company that owns the NYSE fall as some of Wall Street's largest investors near the launch of a new, low-cost exchange.
- Nine banks, brokerages and other firms including Morgan Stanley and Fidelity plan to launch the exchange early this year.
- The launch of another stock exchange would come amid a mass migration toward cheap, no-fee investing options and exchanges across Wall Street.
https://www.cnbc.com/2019/01/07/ice-nasdaq-shares-tank-as-wall-street-giants-plan-rival-exchange-memx.html |
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