Nasdaq Submits Filings That Change Pricing

- WatersTechnology Staff
- 11 Feb 2002

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NEW YORK--The Nasdaq Stock Market has submitted two new rule filings to the SEC concerning its pricing.

The first filing, to be implemented on Feb. 11, increases tape revenue sharing for all trades reported to Nasdaq's Automated Confirmation Transaction Service (ACT) to 80 percent after accounting for the costs of Nasdaq's regulation. The aim is to make it more economical for a firm to display and execute a limit order in its Nasdaq quote. The filing also includes a reduction in the ACTAutomated

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Nasdaq Submits Filings That Change Pricing

EXCHANGE TECHNOLOGIES

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