Is This the End for the Trade Through Rule?

BEFORE THE SPIN

With luck, the end is near for the "trade through" rule.

Last week’s potentially sweeping proposals of the U.S. Securities and Exchange Commission (SEC) have the potential of causing an earthquake for the exchange technology landscape as our Page 1 analysis details. For electronic trading, it’s a moment whose significance parallels that of the birth of the PC, the dawn of client-server computing and the inauguration of the World Wide Web--there is no turning back if the barriers are lifted.

Howe

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