The Securities Industry and Financial Markets Association got the exemptions it sought to the Securities and Exchange Commission’s new trade-through rule. The organization’s trading committee had ...

Trading officials are putting pressure on the Securities and Exchange Commission to delay implementation of the trade-through rule. The new rule, part of Reg NMS, is scheduled to go into effect next ...

A more subtle problem with the NMS-II proposal is how to aggregate the odd lots from all the fragmented venues in the market. Currently for high priced stocks, quotes from all 13 venues typically ...

Reg NMS is forcing broker-dealers to route and execute orders faster, and invest more in data storage capacity, says financial research house TABB Group in a new research note published yesterday. In ...

NMS II: Shifting Stocks Toward a Dealer Model: The SEC wants to change the way you trade stocks. Here's why it won't work.

Reg NMS comprises twelve rules, of which eight were in place pre-Reg NMS. The central plank of Reg NMS is Rule 611 which prohibits “trade-throughs” – the execution of trades at prices inferior to ...

NEW YORK—Paris-headquartered trading software and service provider GL Trade plans to release several new features for its order management system (OMS) and new applications that address Regulation NMS ...

The above illustrates that the rolling twelve months’ average all-in cost of an IBKR PRO client U.S. Reg.-NMS stock trade was 4.1 basis points.