Fears about the demise of the traditional exchange have been voiced before.

Other outsiders are more sympathetic to the traditional exchanges' complaint.

They say traditional exchanges are beehives of information and rumors that can help participants make decisions.

The idea was to start a traditional exchange of the bell as a means of improving relationships between the two student bodies.

The aim was to provide dealing services at a 50% discount to traditional exchanges.

It is a hybrid system that allows trading both on and off traditional exchanges.

But financial institutions have become increasingly frustrated by the slow progress of Europe's traditional exchanges.

So were words, and they seemed even angrier than the traditional exchanges to hype a fight.

As such, they compete not only with other alternative trading systems but also market makers and traditional exchanges.

The traditional exchange of information cannot possibly keep up.