Is Nasdaq buying BRUT??

Not Really but they could purchase a Broker Dealer for 40K. They must need the BRUT ECN technology.

 

So all you Naz traders, you saying it is bad or good?

 

well, NAZ getting their hands on anything is probably a bad thing. Just look at SuperMontage! That being said, I can't see them making too many changes that would destroy BRUT's liquidity.

Warren

 

Before we know it the only ECN's left will be INET (Instinet) and NASDAQ (Brut and rumors of ARCA)

 

bruts technology sucks, they are not after that. They want bruts volume; this is a systematic way to get volume and eliminate competition.

Bottom line is ECN competition produces lower fees for the end user. The nasdaq/(notso)supermontage is basically an ecn and they want all the volume. Volume = power. Pricing and otherwise.

scalp