Dollars and Jens
Wednesday, December 10, 2003
The NASDAQ implemented an execution platform, didn't they? Is that optional, or how does it work? What I'm wondering about is this: the reported indices continue to move after the closing bell (and, indeed, is a notable chunk of time behind during the day) because it takes time for trades to get reported and calculated into the index. If the components of the NASDAQ index are (were) all electronic, you'd expect to have the closing value for the NASDAQ index around 4:00:02, wouldn't you?

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