Free Site Registration

SEC Officials Say Traders Should Get ECN Compo

Traders Magazine, March 1999

Staff Reports

Securities and Exchange Commission officials say that market makers should be permitted to charge customers for the cost of accessing electronic communications networks (ECNs).

SEC Commissioner Laura Unger told the annual Washington conference of the Security Traders Association that market makers probably should be allowed to charge a "reasonable fee" for access, according to published reports.

Get access to this article and thousands more...

All articles are archived after 7 days. REGISTER NOW for unlimited access to all recently archived articles, as well as thousands of searchable stories. Registered Members also gain access to exclusive industry white paper downloads, web seminars, online technology directory, the iPad App, and conference discounts. Qualified members may also choose to receive our free monthly magazine and any of our e-newsletters covering the latest breaking news, opinions from industry leaders, developing trends and trading strategies.

Already Registered?