Optimark Prepares For System Kickoff As NASD Gives Final, Official Blessing


WASHINGTON--As Optimark Technologies moves closer to a West Coast launch of its electronic trading system next month, it has gotten a final, official blessing by the National Association of Securities Dealers (NASD) to offer the system as a new service for Nasdaq members.

Last week, officials from the Nasdaq Stock Market and Optimark formally agreed to offer the Optimark system as a facility of Nasdaq beginning in the summer of 1999, pending the approval of the US Securities and Exchange

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