The Coming Age of Reg NMS
Traders Magazine, August 2006
It wasn't meant to be. The transformation of the stock market into an electronic bazaar was supposed to be a done deal by now. By June 29th, the Securities and Exchange Commission's new intermarket trading rules-part of its Regulation NMS package-were to have kicked in. Most trading would be done electronically and the floor of the New York Stock Exchange was expected to resemble a ghost town. That has obviously not come to pass. On May 24, the SEC scrapped the original implementation schedule for Rules 610 and 611 and announced a new one.
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.