Competition Looms
ASIA REPORT
Alternative trading systems and crossing networks for equities are ramping up their presence in Asia this summer and while the exchanges are not likely to feel the searing heat of competition just yet, they would be wise to heed these harbingers of fragmentation.
Traditional exchanges in the Asia-Pacific region, like those in the US, will eventually face competition for order flow and liquidity from ECNs, alternative trading systems and dark pools, says William Cline, managing partner of global
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