(Reuters) - "I would say there are a lot of exchanges around the world
and, in certain places where we may think that exchanges are
not being competitive in the prices they charge us, we and
others in our industry might get together and try to form a
consortium that performs services in competition with certain
exchanges at better prices," Viniar said on a conference call
in response to an analyst question.
Viniar's comments come as the exchange business undergoes
sweeping changes. Member-owned markets worldwide have been
converting to for-profit companies with shareholders to please
and earnings goals to match.
Read more at Reuters.com Bonds News
and, in certain places where we may think that exchanges are
not being competitive in the prices they charge us, we and
others in our industry might get together and try to form a
consortium that performs services in competition with certain
exchanges at better prices," Viniar said on a conference call
in response to an analyst question.
Viniar's comments come as the exchange business undergoes
sweeping changes. Member-owned markets worldwide have been
converting to for-profit companies with shareholders to please
and earnings goals to match.
Read more at Reuters.com Bonds News
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