A Faster Market On the Horizon?
Traders Magazine, April 2004
Michael LaBranche, CEO of the NYSE's largest specialist firm, says the fast market provisions of the proposed Reg NMS trade-through plan could force the Big Board to make technological changes. "How will the fast market exception to the contemplated anti-trade-through procedures affect us? It may force us to abandon certain auction market principles to become a fast market," LeBranche wrote to regulators.
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