Analysis: Uncertain future awaits stock exchanges

11/15/2013 | Economist (tiered subscription model), The

IntercontinentalExchange's takeover of NYSE Euronext might be the beginning of surprises ahead for share trading, according to The Economist. ICE CEO Jeffrey Sprecher sees the whole system of equity trading as "fundamentally wrong" and designed to take advantage of customers. "If he can come up with a plan to fix all that, he will be seen not as a usurper so much as a restorer," the magazine notes.

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Economist (tiered subscription model), The

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