25 November 2013

Co-Authors

Justin Schack

Managing director

Akhil Bhatia

Director

Rosenblatt Securities Inc.
New York +1 212 607 3100
Dublin +353 1 855 9125

Inquiries to
globalexchangeanalysis@rblt.com

TRADING TALK
Rosenblatt’s Market Structure News Digest

Global Exchanges and Market Centers

NYSE’s Next Owner Says Small U.S. Investors Get Ripped Off
—Bloomberg News

The head of IntercontinentalExchange Inc. … said U.S. equity markets are flawed because sophisticated traders are taking advantage of small investors.

Our Take: Sprecher opined that stock exchanges should exist so companies like ICE can raise capital, create jobs, innovate and “be helpful to society.” And

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