The events of last week ought to serve as a timely reminder of how difficult competition can be. BrokerTec going under and NQLX battening down the hatches may give Eurex pause for thought.
With hindsight, most commentators agree that BrokerTec did not have a truly compelling offering. Most also agree that Eurex has more going for it, notably distribution, a healthy existing product line and the use of the same...