The New Face of Global Exchanges?

Is there room for more global exchange operators? If you take the recent TMX Group and LSE Group, the respective operators of the Toronto Stock Exchange (TSX) and the venerable London Stock Exchange (LSE), the answer appears to be “no.” I wrote this short opinion piece for my day job on the topic.

The Futures

I’ve been on a financial services reading kick lately and I’ve just finished reading Emily Lambert’s  The Futures: The Rise of the Speculator and the Origins of the World’s Biggest Markets. It’s a quick and enjoyable read that gives a good history of the Chicago Board of Trade (CBOT), the Chicago Mercantile Exchange (CME) and…