Will the Merger of Exchange Giants Stifle Innovation?

Although the super merger has received shareholder approval on both sides, the finality of this deal is far from a slam-dunk, says Robert Hegarty, global head of market structure at Thomson Reuters.
"Now that some of these deals have been scuttled, everybody obviously has their eyes on the NYSE-Deutsche Börse deal, and that will tell us a lot about whether these [multi-national exchange mergers] can be done," he says. "And that's a long way from the finish line, as well."
The European
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