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NYSE’s Chicago Takeover Perpetuates Fragmentation by Consolidation

Traders Magazine Online News, April 17, 2018

Don Ross

Don Ross examines how the recent announcement that ICE would buy CHX appears on its surface to herald the inevitable and final technology-driven consolidation of the traditional U.S. exchange business. Yet, he said, it is set to perpetuate a very different trend, driven by perversities in well-meaning but misguided regulation: fragmentation.

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