25 November 2013


Justin Schack

Managing director

Akhil Bhatia


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

Inquiries to

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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