1.   All stocks listed on the major exchanges can be traded on the Pacific and other regional exchanges as well, Carlson said.

2.   But the congressional mandate for competition led to the revival of regional exchanges and the growth of other markets.

3.   Compared with Japanese companies traded on the Tokyo board and five other regional exchanges, Nasdaq-listed firms will offer far more information on company performance.

4.   Currently, such markets as the Big Board, the American Stock Exchange, Nasdaq and the various regional exchanges are regulated as exchanges.

5.   In March, Securities and Exchange Commission chairman Arthur Levitt Jr. criticized the Philadelphia Stock Exchange and recommended sweeping changes at the second smallest regional exchange.

6.   In Spain, regional exchanges in Valencia, Barcelona, and Bilbao continue to operate in the shadow of the principal stock exchange in Madrid.

7.   In other countries, like Germany, various regional exchanges are merging into bigger entities.

8.   Inroads by regional exchanges or so-called third-market firms were tiny.

9.   It especially fears that the other regional exchanges will copy some Cincinnati methods to siphon still more trading from New York and its specialists.

10.   It is expected to affect trading on the Nasdaq Stock Market, the private Instinet system, and some regional exchanges.