Free Site Registration

Biggest Brokers Consider Banning Market Orders

Traders Magazine Online News, September 13, 2011

Peter Chapman

As part of a discussion among brokers over risk management practices that has been ongoing since the 'flash crash' of May 2010, an industry group is considering issuing guidelines that would require brokers to convert their customers' market orders into limit orders.

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?