纵观全球证券交易所的发展历史,为了争夺市场资源,追求规模效应,证券交易所之间的并购、整合从未停歇。20世纪末以来,随着大国竞争的加剧和全球化趋势的增强,交易所之间的跨国并购明显增多,德国和英国等几个主要欧盟 Throughout the history of the development of the global stock exchange, in order to compete for market resources, the pursuit of economies of scale, mergers and acquisitions between the stock exchange, never stopped. Since the end of the 20th century, as the competition between big powers intensified and the trend of globalization intensified, transnational mergers and acquisitions among exchanges increased markedly. Several major European Union such as Germany and Britain