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https://doi.org/10.3905/jot.2018.13.4.100
Copy DOIJournal: The Journal of Trading | Publication Date: Oct 31, 2018 |
ECNs and other electronic venues familiar to Nasdaq traders are beginning to gain traction on the listed side. These innovations are causing investors to reevaluate the meaning of “best execution” and other traditional views about the listed marketplace. The author reviews five such views and concludes that they are myths, not truths. To properly evaluate best execution, careful investors will similarly test doctrinaire notions of listed trading.
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