Regulation & law · 03/10/2008

NASDAQ OMX PHLX, Inc. Proposes Trading Halt Rule for Certain Derivative Securities Products

NASDAQ OMX PHLX, Inc. has filed a proposed rule change to adopt a trading halt rule for certain derivative securities products, which would be effective immediately. The rule aims to prevent trading in these products when their net asset value and disclosed portfolio are being disseminated.