Traders Magazine: Baird’s Jack Miller Discusses Exchange Proliferation

In a recent interview with Traders Magazine, Jack Miller, Head of Trading at Baird, discussed the news of Miami International Holdings, Inc. preparing to launch the MIAX Equities Exchange. According to Miller, it’s important to remember that "the space is dominated by three exchange operators who oversee 12 of the 13 exchanges… Exchange proliferation is a market-driven reaction to dissatisfaction with the 'big three's' oligopoly."

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