Standard & Poor’s Delays Launch of Amex Pilot

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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.

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