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At Deadline

Traders Magazine, June 2002

Editorial Staff

Setback *The Boston Stock Exchange has suffered a major setback in its ambitious goal to compete with Nasdaq. Both K&S and Moors & Cabot have ceased making markets in Nasdaq stocks on the floor of the BSE. The exit by the two specialists leaves Melvin Specialists as the sole Nasdaq dealer at the Boston exchange. All three were part of the Boston's original plan to trade 1,000 Nasdaq names in its bid to wrest order flow from Nasdaq.

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