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A Faster Market On the Horizon?

Traders Magazine, April 2004

Gregory Bresiger

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.

Copyright 2004 Thomson Media Inc. All Rights Reserved. http://www.thomsonmedia.com http://www.tradersmagazine.com

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