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AutoEx Service May Get the Axe at NYSE

Traders Magazine, November 2003

Peter Chapman

The New York Stock Exchange's small-order automatic execution service is an endangered species. The future of the NYSE's Direct+ - which promises automatic executions at the best bid or offer on orders of up to 1,099 shares - is under debate, according to Catherine Kinney, co-president and co-coo of the exchange.

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