Free Site Registration

Trading Official Says Fewer Order Types Will Help Simplify Marketplace

Traders Magazine Online News, October 9, 2012

Peter Chapman

Recent public criticism over the swelling number of exchange order types can be partly addressed by changing a key part of Regulation NMS, argues a top brokerage compliance official. Specifically, changing the locked and crossed markets rule will go a long way towards reducing the number of order types.

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?