The feed will provide data at all price levels on all symbols listed on the Amex book for the first time, and will be of particular importance to algorithmic trading operations, says Anthony Verriello, vice president of product development at the exchange.
"We feel it is a valuable service for our member firms," Verriello says. "It gives traders a picture of where liquidity lies at each price point, and the depth of our market so that they can place orders more intelligently."
However, he says
James talks about his trip to Chicago and some of the interesting topics that came up (including a look at disaster recovery demands). Then Anthony and James touch on ISDA's initial margin rules, with Phase 3 going live next year.Subscribe to Weekly Wrap emails