Trade Shredding Reform Rule Passed
Traders Magazine, May 2006
The Securities and Exchange Commission wants to take another step to end trade shredding, the practice of slicing up orders for tape revenue, so it recently approved an NASD rule.
All TradersMagazine.com 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.