TY - JOUR T1 - Five Myths About Listed Trading JF - Trading SP - 76 LP - 80 VL - 2002 IS - 1 AU - James P. Selway Y1 - 2002/03/20 UR - http://guides.pm-research.com/content/2002/1/76.abstract N2 - 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. ER -