Amex Plans Last Sale Pilot

Amex currently provides real-time last sale information through the Consolidated Tape Association. The CTA consolidates Amex's last-sale information with data from other markets trading Amex-listed securities and distributes it via market data vendors as the basis for users' trading and order routing decisions.

The proposed Amex Real-Time Trade Price service will only provide data for transactions executed on the exchange, and is only intended to be used for reference purposes, as a way of

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