Brazil’s Bovespa monopoly on the line as government considers boosting competition

Friday, June 22nd 2012 - 07:58 UTC

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Brazil’s stock exchange Bovespa is facing a loss in market share estimated at as much as 30% by HSBC Holdings Plc and Banco Itau BBA SA as the nation considers boosting competition among trading platforms. Read full article

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ChrisR
A dinosaur just waking up to the real world.

Why did they not take the initiative themselves: because, like in ALL government, and to a lesser extent private, monopolies they pad out the lazy workforce and have senior management who are happy to keep their own remuneration as high as can be milked from the customer.

Shortly, the customer will have a choice at last. Watch this outfit reap the 'benefit' of overcharging companies for years.

If these companies have any sense they will drop them like a hot potato, and serves them right.
Jun 23rd, 2012 - 03:42 pm - Link - Report abuse 0
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