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Nasdaq plan to offer algorithmic trading denied by US regulator
Chicago Tribune Nasdaq OMX Group Inc.'s proposal to offer algorithmic trading services that would compete against similar services offered by broker-dealers has been denied by a U.S. regulator. The exchange operator did not prove it would not have a competitive … SEC blocks Nasdaq plan to offer trading algorithms SEC in landmark ruling on Nasdaq plan SEC Disapproves Nasdaq's Benchmark Order Plan |