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Market regulation · 08/10/2014

NASDAQ OMX PHLX LLC Seeks Approval for Rule Change Affecting Open Outcry Trading

NASDAQ OMX PHLX LLC has submitted a proposed rule change to the Self-Regulatory Organizations, which, after modification, aims to prioritize in-crowd participants in open outcry trading, respecting crossing, facilitation, and solicited orders.

Source: Federal Register — SECOpen original release →