If successful, a social stock exchange which benefits investors and society could define a new model for the stock market, and challenge the value proposition of the traditional stock exchanges.

一旦成功，一个社会型交易所将定义新的股市模式，使投资者和社会受益，并挑战传统证交所的价值定位。

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The successful theme years of Russia and China have brought along exchanges in all areas and at all levels, he said.

他说中俄两国的成功主题年已经在各个领域和各个级别引起了变化。

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Philip Verleger, an energy economist with the Brattle Group, a consultancy, observes that successful central banks are secretive about when they will intervene in the foreign exchanges.

ECONOMIST: Oil

"The Facebook listing I've seen as being similar to the Google listing, which had a similar competition between the exchanges, and a similar win for Nasdaq, and a tremendously successful IPO for both, " Mr. Frankl said.

WSJ: Facebook to List on Nasdaq