ICE chief brings fresh perspective on trading practices

12/25/2012 | Wall Street Journal, The

Jeffrey Sprecher, chairman and CEO of IntercontinentalExchange, shares his views on the industry, which he believes is due for a shake-up. Sprecher does not support paying incentives to attract big traders onto stock exchanges, also known as "maker-taker" pricing, and disagrees with dispersion of stock trading across many exchanges and private markets, two common industry practices.

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