The genius behind U.S. stock markets' innovation is not a centrally prescribed single market, but free competition,
More Quotes from Frank Zarb:
We are in the process of completing the restructuring of the NASD that its members approved so resoundingly in April, ... These appointments today set the stage for the future growth of both organizations, through outstanding leadership.Frank Zarb
Nasdaq-Europe is an important step in creating an electronic global stock market for the benefit of companies and investors around the world.
Frank Zarb
when there appears to be significant corporate news or when a company's security is experiencing extraordinary volatility, either of which is impacting the fairness and orderliness of the market.
Frank Zarb
The Nasdaq will be a more flexible, nimble company with an ability to enter into agreements with counterparts all over the world, which is not so easy to do now,
Frank Zarb
Some of them are technology and some of them are non-technology, and all of them are global in their approach, ... There's a commercial benefit to having your name in a local stock market where you want to do business.
Frank Zarb
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