The Big Board Threatens To Unplug Optimark If Trading Volume Soars
ELECTRONIC TRADING
NEW YORK--The New York Stock Exchange and its much smaller counterpart, San Francisco's Pacific Stock Exchange, have become mired in a nasty fight over the fledgling alternative Optimark Trading System from Optimark Technologies.
The dispute centres on the mechanics by which the market system will route trades by institutional investors of NYSE listed stocks entered on the PCX. An Optimark official alleges that the Big Board has gone so far as to threaten shutting off PCX access to the
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