Commentary

Jared Dillian
Traders Magazine Online News

Was it Worth It?

In this piece from 10th Man, author Jared Dillian discusses how the ETF revolution is less about ETFs and more about indexing; about how people have come to view stocks less as stocks and more as blobs of stocks.

Traders Poll

Would you feel better if the Chicago Stock Exchange were purchased by U.S. firm or consortium rather than a foreign one?

Yes

73%

No

4%

Doesn't matter to me

23%

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June 4, 2007

Nasdaq's Option

By Peter Chapman

Nasdaq, despite industry speculation it would enter the options industry via a deal with the Philadelphia Stock Exchange, is still on a track to establish its own options mart. (See page 10.)

In a filing with the Securities and Exchange Commission, Nasdaq stated it would "operate its options market much as it operates its cash equities market."

Its new market will "differ from most existing options exchanges by, most prominently, offering true price-time priority across all orders and participants rather than differentiating between participant/trading interest classes."