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An OTC Revolution at the Cincinnati?

Traders Magazine, April 2002

Gregory Bresiger

The Cincinnati Stock Exchange (CSE), in a rule change filing, is trying to outdo Nasdaq's attempt to become a for-profit exchange. CSE is requesting the right to trade Nasdaq stocks by using Nasdaq's market structure, a revolutionary change that, if granted, would likely be adopted by many of its other competitors. "All we're doing is saying that we should have the same competitive structure as the Nasdaq so we can also compete as effectively as Nasdaq," Jeffrey Brown, general counsel for CSE, told Traders Magazine. "We believe this is a very, very important change. Maybe revolutionary."

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