A New System Promises To Police Trading Abuse:But Sending Real-Time Trade Data to Regulators Will
Traders Magazine, March 1998
Traders hate rude interruptions. A breakdown in market-data systems leads to pandemonium. A faulty telephone connection is taboo.
So it is with a certain resignation that Nasdaq market makers are bracing for another interruption, and with nary a word of protest the implementation of the Order Audit Trail System, or OATS.
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