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This will allow the institutional investors that dominate the bond market to trade directly with each other through a sophisticated order-matching system, operated under the auspices of the Boston Stock Exchange. ECONOMIST: E-bonds, licensed to kill
"There's sort of concern in the industry that if you had only one or two players in the marketplace, that some of the pricing competitiveness wouldn't be there, " says Boston Stock Exchange Chairman Michael Curran. FORBES: Why regional exchanges are heating up.
Driven by a desire to get bigger in the exploding options market, rival Nasdaq in 2007 struck deals to buy the Philadelphia Stock Exchange, the Boston Stock Exchange and Stockholm-based OMX (this last deal is being done with Borse Dubai). FORBES: NYSE Looks For Options