TY - JOUR T1 - What Makes an Exchange a Unique Institution?<br/> <em>A Response to Ian Domowitz</em> JF - The Journal of Trading SP - 12 LP - 14 DO - 10.3905/jot.2014.9.3.012 VL - 9 IS - 3 AU - Robert A. Schwartz AU - John Aidan Byrne AU - Andrew M. Brooks Y1 - 2014/06/30 UR - https://pm-research.com/content/9/3/12.abstract N2 - Ian Domowitz always has interesting things to say, and his current comment is no exception. In this reply to his commentary, the authors each present their own comments and thoughts about what it is that makes an exchange unique.TOPICS: Exchanges/markets/clearinghouses, financial crises and financial market history ER -