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2007 Review: NYSE Broadsided by Reg NMS

The Year in Trading

Traders Magazine, December 2007

Peter Chapman

This was not a good year for the New York Stock Exchange. The venerable marketplace got slammed by a rule change pushed through by a federal government determined to modernize the U.S stock market. The move stripped the New York of its protective covering, forcing the largely manual marketplace to compete in an unfamiliar electronic world.

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