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Article: Long-Term Impact of Reg NMS on NYSE Unclear: Aite Group.(New York Stock Exchange)
- Article from:
- Securities Industry News
- Article date:
- April 18, 2005
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While the New York Stock Exchange has been viewed by many as the clear winner in the Securities Exchange Commission's approval of Regulation NMS last week, the long-term impacts of the regulation on the exchange are still up in the air, according to a new report from Aite Group, titled, "Regulation NMS: Will the Real Winner Please Stand Up?"
"Even though NYSE seems to have gotten what they wanted, in the long run Reg NMS will end up transforming how business is done at the NYSE," said Sang Lee, managing partner at Aite Group and author of the report, in an interview with Securities Industry News. "Whenever you introduce electronic trading to a floor-based ...