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Nasdaq Pricing Discrimination? Critics Go to War Over Proposed New Fee Structure

Traders Magazine, April 2002

Gregory Bresiger

The third phase of Nasdaq's proposed new fee structure violates the objectives of the national market system and raises monopoly issues, according to several critics. In separate letters to the Securities and Exchange Commission, Instinet and BRUT contend that Nasdaq is trying to hurt those customers who will only be partial users of the Nasdaq facilities such as SuperSoes, a centerpiece of the SuperMontage.

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