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It's been in place ever since
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however, because it was mandated by Congress,
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the computer system was up to date and modern
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in the early '70s or late '70s,
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but it hasn't kept up and
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it's considered slow, as a sort of dinosaur,
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and people want to avoid trading in it.
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In 2006, all the major exchanges proposed that
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we replace the ITS with something called NMS linkage,
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which is just a more modern version of the computer technology,
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but I haven't heard anything about it being implemented.
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Again, since I don't trade--