NEW YORK – In one of the most sweeping changes to stock-trading rules in years, a divided Securities and Exchange Commission yesterday narrowly approved a new regulation requiring brokers to accept the best quoted price for any transaction, no matter which market it comes from.
Housing Stocks Beating Mr. Market
Is the doom finally over?
The New York Stock Exchange ratcheted up its fight to become the world's first trans-Atlantic stock trading center yesterday, making a $10.2 billion cash-and-stock bid for European exchange operator Euronext NV -- an offer that Euronext called the best on the table. Read more hereOnline broker survey: Qtrade wins again
Investors have the online brokerage business right where they want it. To start with, stock-trading commissions are plunging.
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