I wonder if all exchanges will move to some less regulated space in future regardles traded instruments locality.. Why exactly DAX has to be traded in frankfurt FTSE in london and SP500 in chicago.. Given the globalisation and good data links.. Why dont we build one universal exchange in nepal one in africa one in russia and one in bahamas...
Lets the socialist to make teir own money without free market help
Let them go and regulate themselves.. To the total satisfaction