Embrace the Electronic Future
BEFORE THE SPIN
Inherent in our story this week about OMX and its patent push is the plain truth that the European exchanges appear to be years ahead of their U.S. competitors when it comes to electronic trading.
While the New York Stock Exchange (NYSE) and the Chicago exchanges wrestle with formulating ways to strike a balance between automation and outcry, the European exchanges are already pushing for the next stage in the evolution of electronic trading, having leapt over the outcry hurdle years ago.
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