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Who Created This Mess, Anyway? Hint: It Wasn't the Exchanges.

Traders Magazine Online News, November 12, 2018

Justin Schack

In this retrospective article originally written for Institutional Investor and posted by Justin Schack on LinkedIn, he reminds that today’s market-structure battles are not new. And it shows, importantly, that the major exchange groups which currently find themselves fending off attacks from other market participants did not create the status quo that so many find so objectionable.

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