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Exact(7)
Last month they voted down a proposal to liberalise commissions for larger trades.
But most larger trades are delivered to the specialist on the floor of the exchange by human brokers, a system that big investors view as increasingly inefficient.
"The closing price can be based on just 100 shares and can be very different from the larger trades that preceded it," Mr. Blitzer said.
The firm offers no discounts for larger trades.
He is also rewarding brokers for favoring wealthy clients and generating larger trades.
A beautiful feature of Trace is that you can observe a bond's trading history for months back, which tells you how volatile the issue is and the difference between the price for smaller and larger trades.
Similar(53)
There is a larger trade-off in the high-percentile users' rates to achieve this, though.
Trading logs then listed large trades in Goldman or P.&G.
They offer no discounts for large trades.
Germany is Hungary's largest trading partner.
China is now its largest trading partner.
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