Optimark Gets Green Light From SEC, Moves On To Testing Phase
TRADING LINKS
The timing and the wording of the Securities and Exchange Commission's approval of Optimark Technologies Inc.'s electronic trading system sends a clear signal that regulators are prepared to let automated alternative markets operate freely. Their adoption of this stance may help them achieve the goal of a unified, national market system that has long eluded the agency.
Indeed, the SEC handed down its approval on September 17, less than three weeks prior to the October 3 deadline for comments in
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