Nasdaq Postpones Inside Quotes

- WatersTechnology Staff
- 01 Feb 2000

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

Nasdaq (nasdaq.com) has postponed its plan to implement inside-quote calculations in after-hours trading until February 7. The delay stems from objections by the mutual fund industry over its ability to provide accurate net asset values based on the official 4 pm closing. "From our point of view, we could have implemented this tomorrow," says Nasdaq spokesperson Scott Petersen. "But some mutual funds have expressed reservations around Y2K. The mutual fund piece was more complicated than [we]

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.

You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@waterstechnology.com

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@waterstechnology.com

NEWS RETRIEVAL - compiled by Samara Zwanger

Sorry, our subscription options are not loading right now