The largest stock exchanges in the world, the New York Stock Exchange (Nyse), the Chicago Board Options (CBOE) Exchange and the Nasdaq stock exchange in competition of a new stock exchange with the name “Members Exchange” – short-MEMX.
Antonia man hamlet
editor in the economy.
F. A. Z.
A group of nine high-ranking American financial groups of banks, high frequency traders, investment companies are behind the Plan for the new exchange. And there are significant names: heavy weights, such as the banks, Bank of America Merrill Lynch and Morgan Stanley, the fourth-largest Fund company in the world, Fidelity Investments, the direct banks Charles Schwab, E-Trade and TD Ameritrade, the high-frequency trader Virtu Financial and market-maker Citadel Securities.
opening until 2020
the speaker had made on Monday the plans to the public. You will promptly apply for an exchange license with the us Securities and Exchange Commission (SEC). Up to the issuance of the licence, it can take up to 12 months. Therefore, could drag on for the opening of the MEMX as an active stock exchange, under certain circumstances, up to 2020.
for a long time at the Wallstreet displeasure with the high fees of the American space deer under the exchange operators. Twelve of the thirteen largest American stock exchanges will be operated by three companies. Among the three companies, Intercontinental Exchange (ICE) of the New York Stock Exchange, Nasdaq and Cboe Global Markets run a good two-thirds of the total daily trading volume in America. The new stock exchange is now to revive the competition under the American stock exchange operators.