BUSINESSWEEK ONLINE : AUGUST 7, 2000 ISSUE
FINANCE Sunlight for Stock Trades The SEC is considering the following to help investors get the best deals: BROKERS MUST DISCLOSE -- Percentage of orders they route to which exchanges, market-makers, or electronic trading systems -- Payments or other arrangements the brokerage has with the market center MARKETS MUST DISCLOSE -- Average speed for trades of different sizes -- How often they miss the best stock price available -- How often they improve prices by giving customers better prices than the current quote -- How often they fail to fill limit orders DATA: SECURITIES & EXCHANGE COMMISSION, Business Week _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _					RELATED ITEMS Commentary: Let Investors Know What They Really Pay TABLE: Sunlight for Stock Trades INTERACT E-Mail to Business Week Online

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