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 Shares of NYSE owner fall as Morgan Stanley and Fidelity plan rival exchange

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PostSubject: Shares of NYSE owner fall as Morgan Stanley and Fidelity plan rival exchange   Mon Jan 07, 2019 8:04 pm


  • 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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