Philly Spreads a New Trading Platform
TRADING TECHNOLOGY
In the wake of the success of the International Securities Exchange, other regional exchanges like the Philadelphia Stock Exchange keep their options open.
The US options marketplace, traditionally a stronghold of the open-outcry trading model, has been turned upside down since the launch of the International Securities Exchange (ISE) in 2000, which has been--there’s no way to put this delicately--eating their lunch. The old-guard exchanges have been forced to drive more volume in liquid
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