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."


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