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New exchanges poised for stern test


While the industry is confident that new proposed exchanges, in the shape of Electronic Liquidity Exchange (ELX) and Project Rainbow, will become a reality, some have questioned their ability to succeed.

While speaking at a panel during FOW’s 18th London Derivatives Week on April 9, participants spoke about the prevalence of this new breed of start-up exchanges.

“While banks have been putting pressure on exchanges to try and scare them into...

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