I confess, in the light of the current market crisis and US downgrade this isn’t the most spectacular news. Market makers have been competing for the primary market maker (pmm) licenses in a few stocks. This head to head competition is always interesting, as the market maker with the best quoting performance is selected. But [...]
There has been a traditional bit of competition between derivative markets Eurex and Euronext. Mostly for the sake of tradition and maybe a little bit for the European Union (look mother, we’re playing competitors). Loaded with employees, slow to adapt and absolutely unfit to combat lean and mean contenders, the exchanges look more like a [...]