Industry Execs Slam NYSE, ITS
FRONT PAGE: EXCHANGE TECHNOLOGIES
MT. PLEASANT, S.C.--A group of financial services industry executives, convened at the headquarters of electronic brokerage Automated Trading Desk (ATD) last week, aimed their wrath at the trade-through rule that props up the aged InterMarket Trading System (ITS) of the New York Stock Exchange (NYSE).
The panelists were: Larry Tabb, founder and CEO, the Tabb Group; Ed Nicoll, CEO of Instinet Group; Mary McDermott-Holland, vice chairman of the Security Traders Association (STA) and senior vice
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