Free Site Registration

Institutions Confront ‘Illusion of Control’ Over Orders

Traders Magazine Online News, February 28, 2013

Tom Steinert-Threlkeld

Once institutions press the “send” button on their broker-supplied algorithm the order can be routed in “ways that may not be in your economic best interest,’’ according to Justin Schack, managing director of Rosenblatt Securities, the agency broker.

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?