It was created to provide an efficient market for growth leaders. Clearly, it fulfills this vision. Nasdaq is a highly efficient market for equities trading. In addition, Nasdaq is moving forward with the introduction of Primex in 2001, which will provide electronically the ability for market participants to seek price improvement. We expect that these innovations, SuperMontage and Primex, will provide dramatic improvements for investors this year.
Investors have option of using limit order to avoid paying the spread.
Narrowing of spreads. Limit orders held by Market Makers reflected in quotes. Public limit orders narrow the spread. Best prices on ECNs integrated into quote montage. ECN prices narrow the spread.