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But right now their system for executing orders includes a number of investor-unfriendly characteristics".
And Getco is one of the most successful high-speed trading firms — but has yet to break into Knight's trademark business of executing orders from retail brokers.
Because of problems executing orders and processing trade cancellations, a number of individual investors were unable to see how many shares they had purchased, and whether they had been able to reverse orders.
Membership in the Paris stock exchange is limited to 85 agents de change who supervise activity while the actual work of trading and executing orders is done by their employees and those of the exchange.
The bank executive's prime concern was to ensure that computer algorithms – set to trigger buy and sell at certain levels – don't add to the confusion by executing orders at silly prices, for the bank or for its clients.
Commissions, earned by executing orders on behalf of clients, rose 9.8percentto to $262 million, while revenue from trading for its own account gained 6.4percentto to $528.2 million.
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It will, however, execute orders on an agency basis for customers.
Over the years, he had, at times, executed orders that he considered unwise.
The exchange said that Bear , Stearnshad assured it that "the risk from the executed orders had been substantially hedged".
For the next 15 years, South Korean officials posing as the agent reported to the North, pretending to execute orders.
Larger institutional investors have said this has made it hard to execute orders that used to be simple.
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