Delegates Discuss Extended Trading Hours, STP At WFIC
INDUSTRY EVENTS
TORONTO--Delegates who gathered in Toronto last week for the World Financial Information Conference spent much time discussing market data issues pertaining to extended trading hours and straight through processing.
The advent of Electronic Communication Networks (ECNs) and plans by Nasdaq to extend its trading hours later this year puts operational pressures on market data vendors, exchanges and user firms alike. As one participant remarked, even age-old definitions such as "closing price" need
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