At first blush, the outlook for exchanges this year looks bleak.
Bernstein Research forecasts a “perfect storm” for European exchanges of low market capitalisations, slowing trading velocity, market share erosion and pricing pressure.
By Jeremy Grant
Published: February 8 2009 17:20 | Last updated: February 8 2009 17:20
At first blush, the outlook for exchanges this year looks bleak.
Bernstein Research forecasts a “perfect storm” for European exchanges of low market capitalisations, slowing trading velocity, market share erosion and pricing pressure.