Vendors Respond To Hike in Volume Following SEC Rule


New Securities and Exchange Commission order-handling rules that began to be phased in on January 20 are already forcing vendors to deal with a 25 per cent increase in Nasdaq Level 1 traffic at market opening. What's more, the jump in Nasdaq quotation volume is resulting in a mushrooming of options data.

Vendors report having to take action in a number of areas to cope with the new rules and the increased traffic they are spawning. Vendors that rely on broadcast technology are deferring the r