DEDUCED RECKONING: Does your broker seek 'best possible execution' of your trade? - News Summed Up

DEDUCED RECKONING: Does your broker seek 'best possible execution' of your trade?


Remember, crypto is backed by nothing so its value is only what another person is willing to pay for it. This year crypto’s victims have lost trillions of dollars if they bought above $70,000 for bitcoins now trading for less than $20,000. In an era of zero commissions for executing your stock trades, the brokerage industry has had to find other ways to generate income. Gensler believes the SEC should more clearly define a brokers’ responsibility to get you the “best possible execution” of your trade. No sooner than one order is entered, it is cancelled and/or it might be instantly reentered as an opposing trade, i.e.


Source: The Herald September 01, 2022 19:31 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */