Panel: NYSE to Resemble Nasdaq

SPECIAL REPORT

NEW YORK—Panelists at a DWT-sponsored discussion all agreed that the changes proposed for the New York Stock Exchange (NYSE) would bring the Big Board closer to the Nasdaq market in terms of technological sophistication, allowing for the increased uptake of tools such as algorithmic trading.

The panel at last week's DWT 2005 New York event focused on the proposed hybrid electronic-outcry market structure at the NYSE, being driven by Regulation NMS. The panel was moderated by Celent

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