What to expect when exchanges comply

February 2007
Investment Dealers' Digest;2/5/2007, Vol. 73 Issue 5, p21
Trade Publication
The article presents an interview with Joe Saluzzi, the co-head of the equity trading of Themis Trading in the U.S. When asked about the accomplishments of the trade-through rule of the Regulation National Market System, he refers to its function as security for any visible order residing on the top of the book of any market center. Saluzzi stresses on the occurrence of some problems brought about by the implementation of the new regulation by the Securities and Exchange Commission.


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