Commentary

Elaine Wah

Modern Markets, Modern Metrics - A Blog By IEX

In this blog by IEX's Elaine Wah, the newest public exchange looks to refute public claims that the metrics it uses are designed to inflate its own volume numbers and mislead people.

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April 30, 2004

A Faster Market On the Horizon?

By 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.