Trading Technology

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Amex Readies Nasdaq Push

Amex's new electronic platform will sidestep SuperSoes and create its own liquidity.

The American Stock Exchange (Amex)'s equities platform essentially conforms to the traditional open outcry system. Now, with Amex's planned foray into the Nasdaq marketplace, that's about to change.

With an expected rollout date slated for the second quarter of this year, Amex is developing a proprietary electronic trading system for trading Nasdaq stocks. Amex has already fulfilled the

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Where have all the exchange platform providers gone?

The IMD Wrap: Running an exchange is a profitable business. The margins on market data sales alone can be staggering. And since every exchange needs a reliable and efficient exchange technology stack, Max asks why more vendors aren’t diving into this space.

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