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In an effort to rachet up the pressure on wholesalers and win back market share from...

In an effort to rachet up the pressure on wholesalers and win back market share from off-exchange venues, Nasdaq OMX (NDAQ) plans to offer retail investors a discount on orders, starting in early 2013. Nasdaq program would be similar to the program launched by NYSE Euronext (NYX) in August, which discounts stock orders by fractions of a penny.
Comments (1)
  • Who cares! Such b.s. let's get back to fractions not this discounting mechanism with multiple useless outlets.
    6 Nov 2012, 11:20 PM Reply Like
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