Nasdaq Modifies Super Montage Structure, Gains Support From Tradebook


WASHINGTON, D.C.--The Nasdaq Stock Market will modify its Super Montage proposal in response to issues raised by several ECNs and other groups. Super Montage is Nasdaq’s proposed new trading platform (IMD, Sept. 4)

Bloomberg’s Tradebook, one of the ECNs, threw in its support for the modified Super Montage proposal. Bloomberg Tradebook chairman Kevin Foley says, "With the modifications on the table, we are now prepared to be fully supportive of the proposal. The modifications being considered

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