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CHX Flying High on Nasdaq Stocks

Traders Magazine, May 1999

Staff Reports

The Chicago Stock Exchange (CHX), the only auction market in the U.S. that trades Nasdaq stocks, is ramping up its effort and is set to replace the core trading system for the entire floor.

The Securities and Exchange Commission has approved CHX's application to trade an additional 500 Nasdaq issues, bringing the total number of over-the-counter stocks traded at the CHX to 1,000.

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