Free Site Registration

More NYSE Volume, Smaller Market Share?

Traders Magazine, January 2005

Gregory Bresiger

The NYSE's proposed hybrid model - and its Reg NMS restructuring - would result in more automation, bigger volume, but ultimately a decline in the Big Board's market share, according to Chris Concannon, Nasdaq's executive vice president for transaction services. "What you're doing is eliminating friction in the market center and promoting increased transaction activity. The by-product is increased volume," Concannon told Traders Magazine.

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?