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NYSE Joins Funds Seeking to End ‘Maker-Taker’ Trading Rebates

Traders Magazine Online News, February 21, 2014

Dave Michaels

The New York Stock Exchange and a group of money managers are lobbying U.S. securities regulators to abolish the practice of paying rebates to large brokers to attract trades to stock exchanges and other trading platforms, according to three people familiar with the matter.

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