Tag:
Internalization
Latest Headlines
Latest Headlines
Dark pool reform would be huge win for exchanges
Just how significant would a crack down on dark pool trading be?
Liquidnet and the limits of independent dark pools
Lost amid large headlines about the NYSE Euronext vs. Nasdaq OMX Holy War, one-year anniversary of the Flash Crash, and the market structure regulatory debate: The 10th birthday of Liquidnet. Happy
Should industry self-regulate to delay trade-at rule?
The proposed trade-at rule continues to generate controversy. The market share of orders executed via dark pools has climbed to about one-third of all volume, and most assume it will go higher. The
Morgan Stanley makes case against dark pools
Most people think of Wall Street sell-side firms as resolute in their support of dark pools, which have dramatically lowered costs and provided a valuable method of internalization. So why has Morgan
Another critical look at the trade-at rule
The trade-at rule continues to generate controversy, as people mull the consequences of adopting it in place of the trade-through rule. Recall that critics of dark pools have come out strongly in
Internalization continues to vex exchanges
The practice of big Wall Street firms and brokerages consummating orders among their own order flow has long been controversial. But as internalization continues to heat up, so is the criticism and
Is internalization a bad thing?
Internalization has cropped up as an issue again, especially with the rise of low-priced, high volume stocks that pose special execution problems, especially for the big exchanges. The Nasdaq is
