Free Site Registration

2007 Review: FINRA's OTC Compromise

The Year in Trading

Traders Magazine, December 2007

Gregory Bresiger

OTC dealers were able to make an effective case that their sub-penny trading was hurt by Manning rules. So the Financial Industry Regulatory Authority tailored its Manning rules on over-the-counter stocks. Manning prohibits front-running, which is trading against incoming orders at prices equal to or less than any contra-side customer limit orders they may be holding.

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?