New world order

Regulation

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The completion in April of the merger between Paris-based Euronext and NYSE Group, owner of the New York Stock Exchange (NYSE), and the imminent merger between Eurex and the New York-based International Securities Exchange has raised some pertinent questions regarding regulation. Top of the list is how the exchanges are going to manage multiple regulations across different geographical jurisdictions.

The response from NYSE Euronext is that both exchanges will operate as they always have follo

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