ScienceDaily: Markets and Finance News |
| Study of brokers' potential conflict of interest in routing limit orders leaked to Wall Street Posted: 05 Feb 2014 03:45 PM PST A new academic paper about potential conflict of interest in large retail brokers' routing of limit orders has stirred controversy on Wall Street and caught regulators' attention -- even before the paper has been submitted to a journal. While some in the industry have compared the study's possible impact to an earlier one that reformed Nasdaq trading, the authors caution that the paper is not yet final and the findings should be taken in proper context. |
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