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Why Wall Street Wants To Build Its Own Stock Exchange

FYI: (This is a follow-up article.)

The stocks of America’s big trading exchanges got shaken Monday by the announcement of a new competitor. As nine big Wall Street firms unveiled plans to form a stock exchange called MEMX, stock in the incumbents fell, in an otherwise rising market.
Regards,
Ted
https://www.barrons.com/articles/wall-street-plans-new-stock-exchange-memx-51546890754?mod=djem_b_Weekly barrons_daily_newsletter
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