
NYSE’s Niederauer warns on danger in trading taxes- WSJ
Banks: Transaction tax wouldn’t stabilize markets, could distort them– Reuters
Deutsche Börse,several lobby groups strongly reject proposed tax on financial transactions that is becoming more concrete in Europe– WSJ
EU Tobin tax: desperate measure beset with problems -- Lex
Quick view: Devil in the Tobin tax detail– FT
NYSE Liffe US, NYPC gain ground in interest-rate futures– Crain’s Chicago Business
Exchanges should clip excess message traffic, trader groups say– Securities Technology Monitor
Is the corporate data center obsolete?– Wall Street & Technology (video)
What’s happened to U.S. economic growth after big 10-day drops in the Dow?– Economist
Markets Flat, Closing News 8/17/11– Brian Hooguis/Exchanges
Morning Report: August 18, 2011– Paras Madho/Exchanges
Bourses diversify to boost revenue– Financial Express

Magazine covers do not mark market bottoms, even The New Yorker’s “Red Death on Wall Street” – Phil Pearlman
On this date in 1963, James Meredith became the first African American to graduate from the University of Mississippi. On the same date in 1987, Virginia Military Institute admitted a female student for the first time in its 158-year history. -- NYT