More and more traders are hearing about Direct Market Access (DMA) brokers, so we are looking at some of the major differences between DMA brokers versus traditional retail trading brokers. DMA is the process that developed as financial markets moved on from...
Dark pools developed over a period starting when the SEC enacted rule 19c-3 in 1979. This rule enabled securities listed on a given exchange to also be traded off the exchange. Once that rule was enacted, the feasibility of dark pools became a reality. The first...