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Bloomberg Joins Nasdaq Critics

Traders Magazine, February 2006

Gregory Bresiger

Bloomberg Tradebook officials said the SEC should reject Nasdaq's exchange application. That's because allowing Nasdaq to use NASD's proposed trade reporting facility (TRF) and giving it access to OATS (Order Audit Trail Systems) trading data for non-regulatory purposes would be wrong, according to Kim Bang, an executive with Bloomberg Tradebook.

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