We wanted to take a closer look today at the SEC case vs the New York Stock Exchange. Yesterday, we detailed the specifics of the case and how we have warned about the potential timing differences with data feeds for years. But today let’s take a look at some of the details that didn’t quite make the headlines.
1) Violation of Reg NMS Rule 603 – we are no fans of Reg NMS, in fact we think that it has caused many of the problems that we have in the current
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