OUT OF ORDER:
Are Controls Needed on Choice, Complexity and Competition?
Traders Magazine Online News, January 10, 2013
BATS customers may have lost under half a million dollars on fewer than half a million errant transactions, in the incidents disclosed Wednesday evening. But with 13 exchanges, instead of two, and thousands of order types being used between them, all electronically, markets face the challenge of proving they can handle the choice and complexity their rivalries have wrought.
A first look at the Cover Story of the January 2013 Traders Magazine.
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