The mispriced transactions totaled 442,600, from October 2008 through the start of this year. The amount owed customers for the mistakes was $420,360. Less than a buck a trade. On a 200-share trade, that equals less than 3 cents each.
Would creating a handful of "universal" order types help reduce the complexity of equities trading?
- There are other issues to be considered
Photo Gallery July 15, 2004
Pennsylvania Pittsburgh Stock and Bond Assoc Annual Conference - July 15-17
Montour Heights Country Club • Pittsburgh, PA • July 15, 2004