10 Jul 2015
How Europe Would Cope With a 3-Hour Stock Exchange Outage: Badly

…“Europe is an interesting one because if there’s so much competition, why is it the case that everyone is so dependent on the primary exchange?” said Niki Beattie, a former head of Europe, Middle East and Africa market structure at Merrill Lynch who now runs consulting firm Market Structure Partners Ltd. in London. “One of the reasons for that is competition hasn’t gotten to the same level as the U.S.”…