Depository Trust Co. Okays Use Of Thomson's Oasys; Thomson Not Yet Satisfied

AUTOMATED TRADING

After prodding from the Securities and Exchange Commission as well as from the House Subcommittee on Telecommunications and Finance, the Depository Trust Co. has filed with the SEC to allow users of Thomson Financial Services Inc.'s Oasys trade acceptance and allocation network to communicate directly with the DTC. Although Thomson sees this as a positive step towards its goal of allowing Oasys customers to confirm trades directly with the DTC, according to Thomson there are still major issu

To continue reading...

You must be signed in to use this feature.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: