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Article: Philadelphia Stock Exchange launches remote market making; "Newest phase of PHLX XL allows market makers to deliver streaming quotes and electronically access trading books from a remote location".
- Article from:
- M2 Presswire
- Article date:
- February 14, 2005
CopyrightCOPYRIGHT 2005 Normans Media Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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M2 PRESSWIRE-14 February 2005-Philadelphia Stock Exchange: Philadelphia Stock Exchange launches remote market making; "Newest phase of PHLX XL allows market makers to deliver streaming quotes and electronically access trading books from a remote location"(C)1994-2005 M2 COMMUNICATIONS LTD
RDATE:02142005
PHILADELPHIA - The Philadelphia Stock Exchange announced today that the Securities and Exchange Commission last week approved an Exchange proposal to establish remote market making for options trading at the Exchange. Firms will now be able to electronically make markets in every option class traded at the Exchange, with no physical presence on the floor ...