Direct Edge files exchange applications with the SEC
First Published Friday, 8 May 2009 from Automated Trader : Exchange News
Direct Edge applies to register its ECN trading systems, EDGX and EDGA
William O'Brien, Chief Executive Officer, Direct Edge: "The filing of our exchange applications is an important milestone for Direct Edge."
Direct Edge has announced that it has formally filed two Form 1
applications with the Securities and Exchange Commission in order
to register its ECN trading systems, EDGX and EDGA, as facilities
of two newly-created national securities exchanges.
"The filing of our exchange applications is an important
milestone for Direct Edge," said William O'Brien, Chief Executive
Officer of Direct Edge. "As the third-largest stock market
operator in the U.S. - and the world - we look forward to
continuing the application process in order to join the ranks of
registered exchanges."
