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TOP STORIES 2012: More Competition Between Brokers and Exchanges

Traders Magazine Online News, December 28, 2012

Peter Chapman

Is the ground starting to shift? In May, Nasdaq OMX Group announced a plan to offer trading algorithms to the members of its exchanges. While the tools would be low-end benchmark tactics and Nasdaq said it would not market them to the buyside, the move encroached on a business traditionally dominated by brokers.

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