At least three new U.S. stock exchanges are expected in 2020, executives from th...
“I could see us getting to 20-plus,” Bryan Harkins, co-head of markets at Cboe, said of the potential for new exchanges, at a Securities Industry and Financial Markets Association conference.
The increased competition comes as NYSE, Nasdaq and Cboe sue the U.S. Securities and Exchange Commission to prevent an experiment mandated by the regulator to test lowering exchange fees and curtailing payments to brokers for orders.
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