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TOP STORIES 2012: Smaller Trading Brokerages on the Ropes

Traders Magazine Online News, December 27, 2012

John D'Antona Jr.

A three-year decline in trading volume and investors' continued migration to computer-driven and algorithmic trading may mean the end of an iconic fixture on Wall Street: the small brokerage firm. Over the past year, numerous smaller trading firms either scaled back or closed their doors altogether.

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