Friday, April 10, 2015

Rule 606 woes

And more crazy issues with market structure.
With all the yelling about order types and the complexity of the markets, you would think that there would be an angry mob calling for transparency. But that doesn't seem to be the case, despite 606, the existing disclosure rule, being hopelessly outdated and failing to require the disclosure of most routed orders.

No comments:

Post a Comment