SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Final Frontier - Online Remote Trading

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Morpher who wrote (7018)4/21/1999 7:37:00 AM
From: wily  Read Replies (1) of 12617
 
Zarb pushed the proposal as a way to improve Nasdaq's ability to compete with the New York Stock Exchange and electronic trading networks like Reuters Group Plc's Instinet Corp.

Wouldn't this make Nasdaq the dominant exchange -- even over NYSE? And also put other ECN's out of business. (Not to mention scuttling Island's plan to be an exchange).

I think it also would reduce trading commissions for the doe firms since it would be a snap to get your fill done on a single ticket. Would also simplify software. Of course, commission structures would change to a more size-oriented type.

I didn't realize that it was the SEC that shot it down last time -- I had thought it was an internal Nasdaq thing.

Thanks for the articles.
wily
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext