A New System Promises To Police Trading Abuse:But Sending Real-Time Trade Data to Regulators Will Be Costly
From Traders Magazine, April 1998 issue Traders hate rude interruptions. A breakdown in market-data systems leads to pandemonium. A faulty telephone connection is taboo. So it is with a certain resignation that Nasdaq market makers are bracing for another interruption, and with nary a word of protest the implementation of the Order Audit Trail System, … Continue reading A New System Promises To Police Trading Abuse:But Sending Real-Time Trade Data to Regulators Will Be Costly