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Another Nasdaq Step Forward at Cincinnati?

Traders Magazine, May 2002

Peter Chapman

A new order delivery system, designed to meet the demands for Nasdaq trading among its ECN and ATS members, has been proposed by the Cincinnati Stock Exchange. The new mechanism would be similar to Nasdaq's SelectNet, pending approval by the Securities and Exchange Commission. It would complement the CSE's existing automatic execution system and allow members to reject trades if they chose.

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