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The Changing Face of Trading at the World's Major Stock Exchanges

Traders Magazine, July 1998

Ed Finkel

An industry expert has identified four trends that are propelling the mergers and alliances among some of the world's top stock exchanges: automation, consolidation, internationalization and deregulation.

"These trends are accelerating faster [than ever before]," Pace University finance professor William Freund told the mid-summer conference of the Security Traders Association in Chicago.

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