E-commerce – Redefining exchanges
NYSE members differ over demutualization
Chicago’s fallen giants make progress of sorts
It’s just gone 3.30 on a Tuesday afternoon in mid-November. Discussing his firm’s e-commerce strategy for equities is the trading head for one of Wall Street’s top 10 trading houses. One of his traders comes in. “I just thought you’d better know that Nasdaq’s down,” he tells his boss. Strange that, disturbing a meeting to give a quick check on which way stocks are going.
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