Tech Questions Loom After Major Exchanges Tie the Knot

In April 2011, the Australian government put the kibosh on the Singapore Exchange’s (SGX’s) $8.3 billion bid for the Australian Securities Exchange (ASX), citing issues of domestic regulatory control. A month later, Nasdaq OMX and the IntercontinentalExchange (ICE) cancelled their joint $11.2 billion bid for NYSE Euronext when it became clear that the US Justice Department would block it on monopoly grounds. And just a month after that, TMX Group’s Canadian shareholders rejected a $3.8 billion

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A tech revolution in an old-school industry: FX

FX is in a state of transition, as asset managers and financial firms explore modernizing their operating processes. But manual processes persist. MillTechFX’s Eric Huttman makes the case for doubling down on new technology and embracing automation to increase operational efficiency in FX.

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