SEC Approves NASDAQ International To Trade Equities Without Real-Time Last-Sale Data


The Securities and Exchange Commission (SEC) this month granted approval for NASDAQ International, the National Association of Securities Dealers' (NASD) proposed early- morning session for trading in both over-the-counter and listed U.S. equities.

In an attempt to recapture trading in some of the 10 to 15 million shares in U.S. companies that change hands daily in London, the SEC will not require the dissemination of real- time last-sale trade data that it has traditionally demanded of U.S.

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