MANAGEMENT BRIEFS

MANAGEMENT BRIEFS

The New York Stock Exchange will suspend trading in its Exchange Stock Portfolios product after seeing just 269 total contracts traded on the system since it was introduced in October 1989. The baskets were used only four times this year, according to exchange executives. The NYSE had developed the baskets at the urging of Securities and Exchange Commission regulators who wanted the NYSE to offer institutions a stock product competitive with the S&P 500 futures contracts offered by the Chica

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