ECNs To Share Pricing Information In New Agreement
ATS/ECN UPDATE
NEW YORK--Eight Electronic Communications Networks have taken a step toward establishing a common platform to share stock pricing information and market data in an effort to establish themselves in the after-hours trading market.
A non-binding letter of intent was announced by the signers, Instinet, Island, Bloomberg's Tradebook, Archipelago, Brut, Redibook, Strike and MarketXT on September 16, where the best bid and offers for stock on one ECN will be available on the others. NexTrade and Attain
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