One benefit of demutualisation has been that it gives exchanges the flexibility to merge.
股份化的一个优点是使这些交易所有合并的灵活性。
2
Here in China, demutualisation of regulated commodity exchanges remains a discussion topic in academic circles.
而在中国，由于受到监管机构管制，商品交易所的股份化问题仅是学术界热议的话题。
3
We need to restore large sections of the financial industry to the mutual ownership that served this nation so well until the scandalous smash-and-grab raids of demutualisation in the 1990s.