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More Possible on SuperMontage

Traders Magazine, June 2002

Gregory Bresiger

The STA supports the NASD's proposed rule amendments to change odd-lot participation in Nasdaq's SuperMontage, a change that would be mandatory. "The STA believe that these proposed rule changes will be beneficial to the marketplace and, in particular, to the public investor," the STA wrote in a letter to the SEC. "The proposed changes benefit the marketplace by removing the possibility, as it exists today in SuperSoes, that a market will have to execute more shares than it, or its customer is willing to trade."

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