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Ban on Flash Orders Is Considered by SEC.

Authors :
Patterson, Scott
Scannell, Kara
Rogow, Geoffrey
Source :
Wall Street Journal - Eastern Edition. 8/5/2009, Vol. 254 Issue 30, pC1-C3. 2p. 1 Black and White Photograph.
Publication Year :
2009

Abstract

The article reports that the U.S. Securities and Exchange Commission (SEC) is considering a ban on "flash" orders that briefly give some market participants an advance look at market activity. SEC chair Mary Schapiro has expressed concern over the inequity that flash orders create. NYSE Euronext, which has lost market share to rival exchanges that allow flash orders, favors a ban.

Details

Language :
English
ISSN :
00999660
Volume :
254
Issue :
30
Database :
Academic Search Index
Journal :
Wall Street Journal - Eastern Edition
Publication Type :
News
Accession number :
43538865