Standard & Poor’s (S&P) has postponed the launch of its pilot to calculate closing prices based on the American Stock Exchange’s (Amex) closing prices for twelve Nasdaq-listed stocks in the S&P 500, the company announced last week.
The pilot, originally scheduled for launch on Dec. 1 (IMD, Oct. 13), has been delayed amid comments that S&P received regarding connectivity between dealer desks and Amex, says David Blitzer, managing director and chairman of the S&P Index Committees.
Anthony and James look at developments pertaining to the Consolidated Audit Trail and wonder if big-tech companies could challenge traditional asset managers.Subscribe to Weekly Wrap emails
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