Benchmark Trades in Options?
Traders Magazine, February 2008
Benchmark trades may be coming to the options market. 3D Markets, a company formed last year to develop block equity options products, plans to work with an exchange to introduce institution-oriented benchmark trades. Any exchange that partners with 3D Markets will need to get Securities and Exchange Commission approval for the order type. It will also have to petition the regulator for an exemption to the Options Market Linkage Plan's trade-through rule.
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