Since the 2000-2001 market downturn, many investors have looked
internationally for better opportunities. Despite some moves during
the prior technology boom to develop cross-border trading platforms
and market connectivity, infrastructure was lacking. Today,
however, market globalization and cross-border trading are all the
rage--NYSE Group's pursuit of a merger with the Euronext exchanges
is but one, obvious reflection--and the efforts of technology
vendors to facilitate global trading are bearing fruit.
"The world is getting smaller," remarks Larry Tabb, founder and
CEO of Westborough, Mass. research and consulting firm Tabb Group.
"Brokers have expanded globally, and now the market centers are
following suit." |
