Month: October 2010

Can MTFs substitute for exchanges?

An interesting new study from BATS Europe examines what happened when trading on NYSE Euronext stopped for about half an hour on 13 October. It shows the extent to which MTFs have – and have not – become viable alternatives to

Posted in Exchange & Trading Systems, Exchanges, Information Technology Tagged with: , , ,

Is life changing too rapidly for the exchanges?

I recently gave a lecture to the Senior Executive Programme at the London Business School about the way in which the exchanges have evolved over the years. As the audience was non specialist the presentation was intended to cover the

Posted in Exchange & Trading Systems, Exchanges Tagged with: , , , , , , , , , , , , , , , , , , , ,