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Cincinnati Stock Exchange Volume Tops Amex And Regional Exchanges For Eighth Straight Month, Remains Third Largest Equity Market.


Business Editors

CHICAGO--(BUSINESS WIRE)--Nov. 4, 2002

For the eighth straight month, The Cincinnati Stock Exchange Cincinnati Stock Exchange (CSE)

Stock exchange based in Cincinnati that is the only fully automated stock exchange in the US. It has no trading floor, but handles all members' transactions using computers.
 was the third largest stock market in the United States, averaging over 225 million shares and 415,000 trades per day in NYSE NYSE

See: New York Stock Exchange
, Amex, and Nasdaq listed securities during October.

"We are gratified that broker-dealers have responded to our value proposition by sending us their order flow," said David Colker, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of the Cincinnati Stock Exchange. "Our growth can be attributed to superior execution quality, low cost, innovative technology, and diligent regulation."

Founded in 1885, The Cincinnati Stock Exchange was the first stock exchange to replace its physical trading floor with a remote electronic floor. Cincinnati was also the first stock exchange to automate its link with the Intermarket Trading System Intermarket Trading System (ITS)

Electronic communications network linking the trading floors of seven registered exchanges to permit trading among them in stocks listed on either the NYSE or AMEX and one or more regional exchanges.
 and the first exchange to develop a complete electronic audit trail for regulating trading activity. CSE (Certified Systems Engineer) See Microsoft certification.  is the low-cost provider of exchange services. More information can be found at www.cincinnatistock.com.
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Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Nov 4, 2002
Words:162
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