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Original Post Editor's Note: The summary bullets for this article were chosen by Seeking Alpha Read more ...
Japan Exchange Group ( JPXGY ; TYO:8697 ) ("JPX") - the resultant holding company of the mergers of the Tokyo Stock Exchange Group, Osaka Securities Exchange Company ( OSCUF ), and, more recently, the Tokyo Commodities Exchange ("TOCOM") - has enjoyed an astonishing rally this year. Since the...
It wasn't long ago that I remember securities and derivatives exchanges being exclusive quasi-monopolies, where you either needed to own a seat (which could cost over $3.5 million in 2005 ), or you needed to pay a toll to a broker that owned a seat if you wanted to participate in financial ma...
Original post Editor's Note: The summary bullets for this article were chosen by Seeking Alpha Read more ...