With Approval for Supermontage In Hand, Nasdaq Goes to Work
FRONT PAGE NEWS
NEW YORK--After 15 months and nine amendments, Nasdaq's proposed trading system, Supermontage, has been approved by the Securities and Exchange Commission. Now the real work begins.
"We're relieved," says Dean Furbush, senior vice president of Nasdaq Transaction Services. "Now the ball is firmly in our court. We are mentally gratified that the SEC has gone ahead with this. Much has been made of the nine amendments, which was a long listening and feedback process in which we were balancing many
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