Typically, U.S. stock exchanges charge fees for certain transactions and pay “rebates” for others. A recent IEX study shows that rebates can create incentives for brokers to route orders to those exchanges that pay the highest rebates, interfering with best execution of these trades. Join Elaine Wah, the author of the white paper and IEX’s Head of Market Quality, as she discusses the study and how brokers’ routing decisions can impact execution results and fund performance.
This webinar will be broadcast live from 2:00 to 3:00 Eastern time on Tuesday, July 11, 2017. Register online.