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Out of Order

New Ways to Buy and Sell Shares on Exchanges Are Arriving Daily. Are Controls Needed on Choice, Complexity and Competition?

Traders Magazine, January 2013

Tom Steinert-Threlkeld

Can there be too many order types? Maybe, maybe not. But the number of order types and the almost limitless permutations in the way they can be used to buy or sell shares add undue complexity to trading, according to a wide swath of buyside and sellside traders.

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