Download This PaperWholesaling Best Execution: How Entangled Are Off-Exchange Market Makers?
51 Pages Posted: 10 Mar 2016 Last revised: 13 Nov 2016
Date Written: November 7, 2016
Abstract
This Article examines the reach of the duty of best execution to and potential breaches of this duty by off-exchange market makers in the context of the evolving business model of these market participants and the current market structure crisis. Several key areas, such as routing practices, order handling functionalities, and the usage of private data feeds, are analyzed.
Keywords: off-exchange market makers, best execution, order handling, order routing, conflicts of interest
JEL Classification: G18, K22
Suggested Citation: Suggested Citation
Dolgopolov, Stanislav, Wholesaling Best Execution: How Entangled Are Off-Exchange Market Makers? (November 7, 2016). Virginia Law & Business Review, Vol. 11, pp. 149-199, 2016, Available at SSRN: https://ssrn.com/abstract=2744904 or http://dx.doi.org/10.2139/ssrn.2744904
Do you have a job opening that you would like to promote on SSRN?
Feedback
Feedback to SSRN
If you need immediate assistance, call 877-SSRNHelp (877 777 6435) in the United States, or +1 212 448 2500 outside of the United States, 8:30AM to 6:00PM U.S. Eastern, Monday - Friday.