Free Site Registration

Fears of a Federal Takeover

Traders Magazine, January 2005

Gregory Bresiger

A version of a consolidated limit order book, part of a Reg NMS proposal, would destroy the competitive and innovative nature of markets. So says Thomas Caldwell, chairman of Caldwell Asset Management and a Big Board member. He contends the adoption of anything approaching a CLOB would wreck the NYSE's hybrid market plan.

Get access to this article and thousands more...

All 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.

Already Registered?