Recent examples include the NYMEX/COMEX merger and the new Swiss electronic exchange, to include SOFFEX and Swiss equity and bond exchanges.
SOFFEX CEO, Otto Nageli, notes that members must maintain different infrastructures to deal with diverse exchanges, and wants to do away with this from the users' standpoint.(14) Roger Barton of LIFFE expects more linkages between different exchanges simply because members want them.(15) Similarly, Les Hosking, CEO of the Sydney Futures Exchange, believes that futures exchanges will have common memberships out of necessity.(16) Christophe Commergnat of MATIF invites European exchanges to join a cooperative arrangement between DTB and MATIF.(17)
An alliance was originally formed between SOFFEX, OM Stockholm, OM London, and the Netherland's EOE-Optiebeurs in the spring of 1992.