Creative Destruction Looming for ECNs? Reports Sees Challenges for Market Makers as ECNs Consolid
Traders Magazine, September 1999
Is American cowboy capitalism causing unnecessary pain for the U.S. equity markets? Fragmentation of order flow is possibly the worst sign of strain.
A lance corporal of the U.S. equities markets is miffed the U.S. hasn't learned a valuable lesson from European centralized stock market trading. The newest American enemy is electronic communications networks.
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