London's market misfit.(London Stock Exchange competitor Tradepoint)

From: The Economist (US) | Date: September 23, 1995 | Copyright information

London Stock Exchange executives will now be forced to develop a cohesive management plan now that the exchange has a direct competitor for the first time, a company called Tradepoint. New technology makes it easier to compete in such a market.

HANBURY MANOR in Hertfordshire, a genteel British county, is a nice place to spend a few days. A golf course and three restaurants make it especially attractive to City types. Small wonder, then, that the board of the London Stock Exchange should decide to repair there for the weekend of September 15th-17th. The reason for their stay? To discuss ...

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