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NYSE Euronext has completed its acquisition of a 5% equity stake in the Multi Commodity Exchange (MCX) of India.
The 5% equity investment is the maximum equity interest permitted by a single...
"For exchange-traded derivative markets, the monopoly of middle and back office providers is likely to be challenged. Historically, the three incumbent providers have been largely unchallenged due to widely held fears of ‘migration risk’."
Clive Furness, MD, Contango Markets