| It's going to be a pivotal year for the world's financial exchanges. For years, the exchanges enjoyed soaring volume as they shifted their trading operations to computer systems from crowded trading floors. Now that boom is petering out—and the financial crisis has dented the turnover in stocks and derivatives.
So exchanges are seeking a new way forward. They're looking to grow by sealing mergers, investing in more profitable businesses and capturing segments of trading that have long remained out of their grasp, everything from exotic derivatives to bonds..............................................Full Article: Source
|