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We’ve compared U.S. vs. Europe returns and fragmentation. Today we look at turnover, which has improved in the U.S. Over the same time, IPOs, retail and options trading growth has been healthy, adding to the U.S. liquidity ecosystem: https://t.co/xgz66hMGCA #MarketMakers

— Phil Mackintosh (@phil_mackintosh) September 25, 2023