Intermarket Options Facility: An Idea Whose Time Has Gone
THIS WEEK'S LEAD STORIES
If the nation's options exchanges want the SEC to put off lifting its ban on multiple trading of options on listed equities, they should bring a detailed plan for a state-of- the-art market integration facility into the September 29th hearing on the issue. Otherwise, they should prepare for multiple trading without a network connecting the options markets.
This is the conclusion of industry observers who believe the Commission is determined to let more than one exchange list the same options
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