NYSE and Credit Suisse inch closer to "trade-at" rule

05/16/2013 | Securities Technology Monitor

NYSE Euronext and the Credit Suisse Group have agreed on a proposal to test a "trade-at" rule that would require orders be sold at the best price. They will need the Financial Industry Regulatory Authority to reactivate the alternative display facility to allow alternative trading venues to post bids. If successful, the rule would increase orders in public markets and encourage a Securities and Exchange Commission goal of getting more limit trades posted on public books.

View Full Article in:

Securities Technology Monitor

Published in Brief: