Free Site Registration

Nasdaq Files to Change Order-Matching Priorities on PSX

Traders Magazine Online News, March 22, 2013

Tom Steinert-Threlkeld

Nasdaq OMX Group formally requested permission from the SEC to change the algorithm that matches orders on its PSX exchange so that it prioritizes the time at which an order arrives instead of the size of the order.

Get access to this article and thousands more...

All 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.

Already Registered?