Will NYSE Plan Settle Market Structure Debate?
Traders Magazine, August 2004
Big Board officials, announcing they have filed with the regulators to expand the exchange's Direct+ electronic trading program, say they are creating a new hybrid market. However, some critics complain that the New York Stock Exchange, after these changes, will still be "too slow." Mike Plunkett, president of Instinet's North American institutional brokerage, says he's still reviewing the rather lengthy NYSE filing. However, he said the Big Board's previous efforts of responding to criticism have not been good.
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.