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Article: Reg NMS is pyrrhic victory for NYSE says Swiss American Securities Inc.
- Article from:
- M2 Presswire
- Article date:
- April 27, 2005
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M2 PRESSWIRE-27 April 2005-Swiss American Securities Inc: Reg NMS is pyrrhic victory for NYSE says Swiss American Securities Inc.(C)1994-2005 M2 COMMUNICATIONS LTD
RDATE:27042005
"Regulation NMS provides a short term boost for the NYSE, but it may be a pyrrhic victory," says Robert Leverich, Director of Institutional Sales & Trading at Swiss American Securities Inc. (SASI), a New York based broker dealer and custodian that is wholly owned by the Credit Suisse Group. SASI provides European financial services institutions with access to the US and major international markets.
It has been almost three weeks since the US Securities & Exchange ...