RT Journal Article
SR Electronic
T1 Five Myths About Listed Trading
JF Trading
FD Institutional Investor Journals
SP 76
OP 80
VO 2002
IS 1
A1 James P. Selway
YR 2002
UL http://guides.pm-research.com/content/2002/1/76.abstract
AB 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.