Electronic Trading Squeezes Options Exchanges | eWeek

Electronic Trading Squeezes Options Exchanges

Written By
eWEEK EDITORS
eWEEK EDITORS
Sep 7, 2004
1 minute read
eWeek content and product recommendations are editorially independent. We may make money when you click on links to our partners. Learn More

Electronic trading and listings on multiple exchanges have spurred consolidation and shrinkage among firms specializing in options trading.

Since 2001, the number of specialist firms working the five major option exchanges has plummeted from more than 50 to todays count of 20 that handle the great majority of all option transactions. The firms still in business have cut back on their floor operations to reduce costs. The Amex and Philadelphia exchanges have been the hardest hit.

Read the entire article from TheStreet.com here.

eWeek Logo

eWeek has the latest technology news and analysis, buying guides, and product reviews for IT professionals and technology buyers. The site's focus is on innovative solutions and covering in-depth technical content. eWeek stays on the cutting edge of technology news and IT trends through interviews and expert analysis. Gain insight from top innovators and thought leaders in the fields of IT, business, enterprise software, startups, and more.

Property of TechnologyAdvice. © 2026 TechnologyAdvice. All Rights Reserved

Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.