It's not Red Sox versus Yankees quite yet, but the rivalry between the New York Stock Exchange and the Nasdaq is expected to heat up in the coming year.

With the long-awaited approval from the Securities and Exchange Commission finally on the horizon, a Reuters report says, the Nasdaq will be able to confidently move ahead with its intentions to grab more market share through further consolidation. And according to SEC Chairman William Donaldson, it's a development that will improve the health if the markets altogether.

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