Island prevented from disseminating ETF quotations:
To: ISLAND ECN <Subscriber@island.com>
Subject: Important Change in Island ETF Business
Date: Thu, 19 Sep 2002 20:54:59 -0400
MIME-Version: 1.0
X-Mailer: Internet Mail Service (5.5.2655.55)
Dear Subscriber,
Thanks to you, the subscriber, Island has become the largest and most liquid
marketplace for trading Exchange Traded Funds such as QQQ. Given the
efficiency and size of the Island market, our order book data has become a
critical piece of information for any trader active in QQQ and its component
securities. Unfortunately, due to recent regulatory actions taken by the
U.S. Securities and Exchange Commission, Island will no longer be able to
disseminate its order book information in QQQ, DIA, SPY, SMH and MKH
beginning Monday, September 23, 2002.
For more information regarding this important change, you can either click
the link below or cut and paste this link in your browser's 'Address' field:
island.com
If you have any questions or comments regarding this change, you can email
Island Market Operations by replying to this message or speak to a
representative by calling (212) 231-5181.
Thank you,
Island ECN |
