The Universe Expands, the Universe Contracts

anthony-malakian-waters
Anthony Malakian, deputy editor, Buy-Side Technology

Some say the universe is continually expanding and contracting. I'm a journalist covering Wall Street, so this is a bit outside my realm of expertise. (Actually, boxing and mixed martial arts are my areas of expertise, but covering technology pays better. ... I digress.)

The reason I bring up this whole universe thing is because I was discussing with a colleague the recent spate of exchange merger talks, with the gist of the conversation being this: Do you think regulation—such as the Markets in

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