March 25, 2003 Mr. Jonathan G. Katz
Re: SR-BSE-2002-15, Boston Stock Exchange, Inc. Filing to Establish Trading Rules for the Boston Options Exchange Facility Dear Mr. Katz: As a firm offering execution services to retail firms we believe the Boston Options Exchange will allow us to better serve our customers. We believe the marketplace will be will be simpler, faster, and less costly for all participants. It will add more competition to the marketplace. All of these factors will have a direct benefit for the individual investor and we ask you support this by approving its creation.
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