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Article: NYFIX Millennium, L.L.C. Begins Trading in Nasdaq InterMarket.
- Article from:
- PR Newswire
- Article date:
- September 6, 2001
CopyrightCOPYRIGHT 2001 PR Newswire Association LLC. 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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WASHINGTON, Sept. 6 /PRNewswire/ --
The Nasdaq Stock Market, Inc., has announced that NYFIX Millennium, L.L.C., has begun trading all 3,500 New York Stock Exchange (NYSE) stocks and 800 American Stock Exchange (Amex) stocks through the Nasdaq InterMarket(SM) (formerly known as the Nasdaq Third Market). NYFIX Millennium is an Alternative Trading System (ATS) focused on trading exchange-listed securities.
On its first day of trading, yesterday, the NYFIX Millennium execution system matched approximately 2.5 million shares, which is about 2 percent of the average number of shares traded each day on the Nasdaq InterMarket.
Investors and traders ...