Commentary

Joanna Fields
Traders Magazine Online News

Navigating Cybersecurity on a Stretch of "Regulatory Rapids"

In this shared commentary, Aplomb Strategies writes that when considering a firm’s governance structure, a holistic approach makes the most sense.

Traders Poll

Would you feel better if the Chicago Stock Exchange were purchased by U.S. firm or consortium rather than a foreign one?

Yes

73%

No

4%

Doesn't matter to me

23%

Free Site Registration

April 30, 2003

A Fee Cap For Stocks

By Gregory Bresiger

There's a bargain basement sale at Nasdaq. Nasdaq has put a cap on the fees it charges traders for low-priced stocks.

Under the proposal, which is designed for stocks of $1 or less, Nasdaq would limit its execution charge to $75 per order and rebate up to half of that number.

The rate cut would be made retroactive to July 1, if Nasdaq's request is granted by the Securities and Exchange Commission.

Nasdaq also wants to limit the amount it returns in rebates.