Brut Prepares To Trade Listed Shares
ATS/ECN UPDATE
NEW YORK--Brut ECN announced last week that it is preparing to trade listed shares on the New York Stock Exchange some time in the second quarter. Small orders will be routed through the NYSE’s Designated Order Turnaround System (DOT) to ensure fast execution. Larger trades will go through AXIS Global, an independent broker and a Brut affiliate. Brut registered to trade listed shares on the NYSE last December after the Exchange voted to abolish Rule 390, which prevented shares listed before 1979
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