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Episode 56 - Live From OIC: NASDAQ OMX and PHLX

Posted on 5/24/2010 Length 16 minutes 14.5 mb
Episode 56 - Live From OIC: NASDAQ OMX and PHLX
Live from OIC - Mark is joined by Tom Wittman, President, NASDAQ OMX/PHLX. Mark and Tom discuss the fact that so many exchanges are copying PHLX by swapping ownership for order flow. They also discuss the claims that NASDAQ and BATS are cannibalizing the options market. Finally, they debate PHLX's controversial pursuit of dividend trade volume. Does this strategy exploit retail traders and distort the overall options market?

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