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Midwest proposes 2nd trade session
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The Midwest Stock Exchange, in an attempt to capture a share of
the after-hours trading of U.S. stocks, is proposing a second
computerized trading session, officials announced last week.
The new trading session, from 3:30 p.m. to 5 p.m., will be for
the trading of portfolios and not for individual customers, said vice
president Roger Hendrick.
The Midwest exchange is currently open from 8:30 a.m. to 3 p.m.
Most of the stocks traded on the exchange are also traded on the New
York Stock Exchange.
The exchange applied Wednesday to the Securities and Exchange ...
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