SEC Allows SuperMontage Anonymity
EXCHANGE TECHNOLOGIES
NEW YORK--The U.S. Securities and Exchange Commission (SEC) last week approved fully anonymous trading for Nasdaq’s SuperMontage trading platform.
With the SEC approval, the anonymous capabilities will be added to the menu of options on the SuperMontage trading platform, Nasdaq officials say.
Previously, Nasdaq offered a pre-trade anonymity feature (TTW, Aug. 11). With the SEC’s blessing, participants’ anonymous trades will remain so after the trade execution and through the clearance and
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