Introduction of Nasdaq-Listed Securities at Boston Rattles Industry

Exchange Watch

The Financial Information Forum (FIF) has raised concerns regarding the timing of the Boston Stock Exchange’s (BSE) launch of Nasdaq-listed securities trading, arguing that it has adversely affected firms’ ability to prepare their data and trading systems.

The Boston Stock Exchange announced on Dec. 9 that it was to begin trading the securities on Dec. 10. In its letter, the FIF argues that this was insufficient notice and “caused considerable consternation and forced many on Wall Street to take

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