Nasdaq retail platform gets SEC approval

02/20/2013 | Trade News (U.K.), The

The Securities and Exchange Commission has approved Nasdaq OMX's new retail platform, which is similar to offerings by NYSE Euronext and BATS Exchange. The effort aims to bring order flow, which is generally executed outside the exchanges, into the market and offer an alternative to the internalization of order flow that goes on at big retail brokerage houses, Anish Puaar writes.

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Trade News (U.K.), The

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