What a vague article, considering that it comes from TheStreet.com! The title was catchy and I guess that is why I fell for it! The author didn't go into deep details about how his typical work-day is like. He pretty much breezed through everything. The only thing that I learned from the article, is the confirmation that those trading products that they sell in the middle of the night, just do not work.
Check it out here, but consider yourself warned.
GIGO On Pre-Trade Checks
-
In the U.S., pre-trade checks are legally mandated by SEC Rule 15c3-5 (the
Market Access Rule). An Order Management System (OMS) evaluates every
incoming A...
No comments:
Post a Comment