Financial Services Industry
Industry: Email Alert RSS FeedNational Market Under Fire: Top Execs Want ITS Electronic Link Eliminated.(industry lobbies against government-mandated order routing network for various securities markets)
Traders, November, 2002 by Chapman, Peter
In the wake of the Island ECN's big snub of the National Market System, market center officials are calling for the dismantling of a key NMS component - the Intermarket Trading System.
Speaking at the Security Traders Association's annual conference in Boca Raton, last month, top execs from the New York Stock Exchange, Nasdaq, and Archipelago, as well as the former president of Island, called for an end to the government-mandated order routing network that ties together the country's various market centers.
The anti-ITS rhetoric came on the heels of an astonishing act of defiance by Island. In September, the big ECN refused to comply with a Securities and Exchange Commission order to post price data related to the heavily traded ETFs, or...
- How to choose the right insurance carrier for your business
- Real Estate: Prepare your properties to weather what lies ahead
- Technology: Be prepared if part of your global supply chain goes missing
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Design a commission plan that drives sales - Sales Commissions
