Tradepoint Launches Rebate Program For Early Traders Abandoned By SETS

TRADING LINKS

LONDON--No sooner had the London Stock Exchange rolled back its opening by half an hour than its upstart rival, the alternative market system, Trade point, announced it would launch a rebate program for traders who initiate trades between 7:30 am and 9:30 am.

The news came out on Monday, July 20, 1998, the same day that the LSE shortened the trading day on its automated, order-driven trading book, the much maligned Stock Exchange Trading Service, or SETS.

Tradepoint's rebate gives investment

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