Regulators To Monitor Brokerages’ Trade Internalization

This article appears courtesy of DailyII.com Money Management Letter

This article appears courtesy of DailyII.com Money Management Letter

The Securities and Exchange Commission and the National Association of Securities Dealers will begin to closely monitor internal trade crossing at brokerages next year to ensure that all traders have fair access to the quotes. Trade internalization is expected to grow 20-30% over the next year and the SEC has been hot on making internal crossing more transparent under Reg. NMS so that traders can seek out the best price.

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