Challenging US Exchanges Will be Uphill Battle for MEMX, Experts Warn
An industry initiative to start a new US exchange promises much, but it may struggle to deliver without a clearer purpose.
Last week’s announcement of a new venue for trading US stocks backed by a consortium of financial firms has industry participants excited about the prospect of lower fees, but experts say critical elements of the plan remain unclear, and warn that the participants will need to overcome competitive differences before they can truly benefit from their investments in the project.
A group of nine sell-side and buy-side firms announced on January 7 that they would file an application with US
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Emerging Technologies
Waters Wavelength
Waters Wavelength Podcast: Vendor lock-in and interoperability
James Crosby, founder and CEO of data management firm Fencore, joins the podcast to discuss vendor lock-in and interoperability.
Subscribe to Weekly Wrap emails
Most read
- FDC3 creator sets sights on cloud-based interop with new company
- Top three fixed income venues confirm bid to deliver EU consolidated tape for bonds
- If it ain’t broke, break it: Back-office tech reform may benefit front-office returns
- This Week: Finos, LSEG, Neptune & Genesis, Deutsche Börse & Kaiko, Ice & More
- Sell side ramps up outsourced trading desk services for still-skeptical buy side