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Based on the current structure of the world s financial markets and your knowledge of the NYSE and Nasdaq OMX markets, describe the key features,

Based on the current structure of the worlds financial markets and your knowledge of the NYSE and Nasdaq OMX markets, describe the key features, functions, and problems that would be faced by a single global market (exchange) on which transactions can be made in all securities of all of the worlds major companies. Discuss the likelihood of such a market developing.

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