Market regulation · 11/09/2012Updated: 10/17/2026 · 1 min read
NASDAQ OMX PHLX LLC Withdraws Proposed Rule Change to Delay Market Order Execution
Summary
NASDAQ OMX PHLX LLC has withdrawn its proposed rule change to introduce a five millisecond delay in the execution time of marketable orders on NASDAQ OMX PSX, as part of its ongoing efforts to improve market efficiency.