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 Private exchanges looking to turn back clock

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CovOps

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Private exchanges looking to turn back clock Vide
PostSubject: Private exchanges looking to turn back clock   Private exchanges looking to turn back clock Icon_minitimeFri May 15, 2009 8:23 pm

NEW YORK (Reuters) - A new era in stock exchanges may be on the horizon -- and it looks something like the past, when a small handful of owners ran important capital markets.

Privately owned U.S. trading venues Direct Edge and BATS Exchange command nearly a quarter of all U.S. stock trading and have no intention of leaving, shaking a field long dominated by the New York Stock Exchange and Nasdaq Stock Market.

More here: http://www.reuters.com/article/ousiv/idUSTRE54E5J620090515
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