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Monday, February 14, 2005


No More Mr. NYSE Guy

After doing some research on the New York Stock Exchange, I'm begining to agree with Stephen Moore at the Club For Growth. The NYSE model is getting old, and although has in past years been an efficient marketplace, the times have changed. Hidden fees, although relatively small, affect every transaction. These fees are necessary, NYSE defends, to keep the marketplace functional. Yet NASDAQ opperates efficiently, perhaps even more efficiently, without charging similar fees.

Still more research is necessary, and I need to bring my brother home from school. More to come.


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