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Still not clear though, why they need to dual list for this purpose. They can commit to the same actions without listing on exchange. I mean, you could have a
by vasilipupkin 5y ago
Still not clear though, why they need to dual list for this purpose. They can commit to the same actions without listing on exchange. I mean, you could have a service that monitors these commitments, but I am not clear as to why this service needs to be an exchange. It could be a product NYSE, NASDAQ just offer if there is demand. The fundamental purpose of an exchange is to facilitate trading.
- eries 5y agoThat is only one of two fundamental purposes of exchanges, historically speaking. Listing standards are at least equally as important
- vasilipupkin 5y agoagreed, but nothing stops any of the existing exchanges to have special listing classes, if there really is demand for that type of thing. Nothing stops any of the companies currently listed on any of the exchanges from committing to those same principles, etc. It just seems like a solution in search of a problem. Not that it can't make money for the investors, I am sure it can. But I don't see the point of this in terms of value proposition.