Bridge Is Fined $125,000, Chairman Lebens Barred From Supervising Trading

MARKET DATA & NEWS

Bridge Information Systems Inc. has been censured and fined $125,000 by the Chicago Board Options Exchange (CBOE), following a review of the company's role in the unauthorized trading activities that diverted more than $1 million to four traders' and other Bridge employees' personal accounts (IMT, Oct. 2, 1992).

Bridge provides market data and analytics services to institutional investors, money managers and other users. These customers are encouraged to make trades through Bridge Trading Co

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