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Monkey See, Monkey Do

02

May, 2012

Monkey see, monkey do.  The Chicago Stock Exchange is planning on opening another stock exchange under their umbrella.  What, you say you never heard of the Chicago Stock Exchange?  Well, that’s because they trade less than 1% of US equity volume. When asked by Bloomberg why they were going to create another exchange, the Chicago Stock Exchange CEO said, There’s a certain amount of cost associated with being an exchange including regulatory support and the IT structure. What we’d like is to leverage that infrastructure, technology and the regulatory arm to

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