Nasdaq's Greifeld: Refinement of Regulations 'Helpful'

The transcript discusses the potential impact of the President-elect on the tech industry, focusing on regulatory changes. It highlights the role of technology in improving market efficiency and reducing transaction costs. The differences between US and European market-making practices are explored, with emphasis on technology and regulations like the Volcker Rule. The potential consolidation of European exchanges and its impact on global finance is considered, alongside a discussion on market pricing systems and the implications of Brexit for London's financial status.

What is the expected approach of the President-elect towards regulation in the tech world?

• Refinement of existing regulations

• Introduction of new regulations

• Complete deregulation

• No change in regulations

How has technology impacted transaction costs in the U.S. market?

• Increased costs by 90%

• No impact on costs

• Increased costs by 50%

• Decreased costs by 90%

What distinguishes U.S. market making practices from those in Europe?

• Manual trading processes

• Lack of listing standards

• Higher transaction costs

• Use of technology and algorithms

Which cities are considered central to the global financial world?

• Tokyo and Frankfurt

• New York and London

• London and Paris

• New York and Tokyo

What is the anticipated effect of Brexit on London's financial status?

• Paris will become the new financial hub

• London will adapt and remain central

• London will lose its financial status

• New York will replace London