Deeply Concerned' SEC Studies Order Flow Arrangements
Traders Magazine, October 2000
The Securities and Exchange Commission's Office of Economic Analysis is using the results of an in-depth study of 400 stocks to determine whether further steps are needed to resolve concerns about internalization and payment for order flow.
The study monitors 200 randomly-chosen issues from Nasdaq and 200 New York Stock Exchange-listed issues, utilizing comparisons not previously available of order execution quality for the same securities traded on both exchanges and by individual market centers.
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