Another Answer To 24-Hour Trading; Links Don't Work, And No Long Hours
THIS WEEK'S LEAD STORIES
Exchanges have long required that all transactions take place on their trading floors. However, some have decided this requirement is no longer feasible in the face of competition from over-the-counter instruments and exchanges located in other time zones.
The London Stock Exchange took the lead by replacing its floor with a network of screens and telephones. But building a global transaction system is expensive and time-consuming, and companies like Reuters have networks in place that exchanges
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