Traders wearing masks work, on the first day of in person trading since the closure during the outbreak of the coronavirus disease (COVID-19) on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 26, 2020.
Brendan McDermid | Reuters
There’s a spate of new exchanges ready to launch that want to compete for your trading dollar.
The Long-Term Stock Exchange (LTSE) is set to begin full trading operations Wednesday. The Members Exchange (MEMX) will begin a phased launch on Sept. 21, and the MIAX Pearl Equities, operated by Miami International Holdings, Inc, which runs three options exchanges, will debut its equities exchange on Sept. 25.
Do we need more stock exchanges?