Dumping the Bulletin Board?
Traders Magazine, November 2004
Nasdaq, which just had another difficult quarter, is said to be finally preparing to give up its Bulletin Board operation, sources told Traders Magazine. "They will turn it over to the NASD and let them run it," says one source, who wouldn't be quoted by name. "This is part of a move by Nasdaq to cut back on various money losing operations and concentrate on core operations that make them money." He adds that the NASD will run the Bulletin Board and charge Nasdaq for doing so.
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.