Free Site Registration

CHX Applies for Permission To Trade More OTC Stocks: Nasdaq Challenges CHX Application for 500 St

Traders Magazine, February 1999

Michael L. O'Reilly

The Chicago Stock Exchange (CHX) has applied to the Securities and Exchange Commission to double the number of stocks in its over-the-counter program to 1,000 issues.

The CHX, which is the only regional stock exchange to trade OTC issues, currently trades 500 of the most active Nasdaq stocks. In December, the exchange's application with the SEC sought unlisted trading privileges in 500 more OTC stocks.

Get access to this article and thousands more...

All articles are archived after 7 days. REGISTER NOW for unlimited access to all recently archived articles, as well as thousands of searchable stories. Registered Members also gain access to exclusive industry white paper downloads, web seminars, online technology directory, the iPad App, and conference discounts. Qualified members may also choose to receive our free monthly magazine and any of our e-newsletters covering the latest breaking news, opinions from industry leaders, developing trends and trading strategies.

Already Registered?