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Dec. 2, 2003

Timber Hill Will Close Down Its Exchange Post

By Jed Horowitz Bloomberg News Timber Hill LLC, the world's biggest options market-maker, will close its 10-person trading operation on the American Stock Exchange because the exchange won't use an electronic trading model, the firm's founder says.



By Jed Horowitz
Bloomberg News
        Timber Hill LLC, the world's biggest options market-maker, will close its 10-person trading operation on the American Stock Exchange because the exchange won't use an electronic trading model, the firm's founder says.
        Timber Hill, ...

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