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Old 01-28-2008, 08:25 PM
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Re: Is the CME the Google of the Exchanges?

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The question is, is that a good or bad thing for the retail trader and investor? I love the CME and their platforms, but if they are the only game in town, they can easily dictate fee structure. Almost the definition of a monopoly, right?
I have always thought that Google can run an exchange better than any of these outfits such as CME. So the question really is how difficult is it to start an exchange by any firm and have traders trade the instruments. Google certainly has the means and perhaps partnering with other banks and investment firms, can put up a real cheaper, faster and more reliable alternative to CME.

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