The Nasdaq Renaissance?
Traders Magazine, November 2003
The timing couldn't have been better. Two days before Nasdaq released its dismal financial results for the first nine months of the year, it announced Instinet would start posting its quotes in SuperMontage. Instinet's decision could prove a big shot in the arm for Nasdaq's beleaguered Transaction Services. The division has seen its revenues slump 40 percent so far this year compared to 2002.
All TradersMagazine.com articles are archived after 7 days. REGISTER NOW for unlimited access to all recently archived articles, as well as thousands of searchable stories. Registered Members also gain access to exclusive industry white paper downloads, web seminars, online technology directory, the iPad App, and conference discounts. Qualified members may also choose to receive our free monthly magazine and any of our e-newsletters covering the latest breaking news, opinions from industry leaders, developing trends and trading strategies.