I agree with you. I trust multiple stock exchanges and are trading only on them. I do not understand why we need such a large number of exchanges, because it is really inconvenient.
Inconvenient ? Why ? Have you try using them ? Imo its not a bad idea to have different exchanges so that we traders can choose if what suites them . some traders dont stick on a single exchange but they love to buy and sell on different exchanges so that they can earn some profit because every other exchange have different price list .