Analysts believe they have to adapt or die. The lesson of a lot of other trading markets is that the opportunity for faster, easier discovery of price and transparency on who is doing what means the broker is under threat. But Murtha believes middlemen can survive in a new form. Spence says that adaptability works both ways, in that the exchanges also have to cater for those companies keen to protect their customer relationships by not taking transparency too far. Everything that's available in terms of opacity is available in the online equivalent.
Traders are very reluctant to have their positions available and visible for the world to see.
Every market will have to be able to offer them the same degree of protection. Privacy Policy Stock data provided by Stockpoint and its data suppliers.