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LAYERING PRACTICE: IMPLEMENTATION MECHANISM AND LEGISLATIVE BARRIERS

Layering – this is a high frequency trading strategy, where does the trader do, and then cancels orders, which they never intend to carry out in the hope of influencing the share price. For example, to buy shares at a lower price, the trader first places orders to sell at or below the market price High Frequency Trading, depending on the strategies used, has a different effect on the market condition. Some of them are draining liquidity from the market, other – add liquidity to the market. Many of them are the cause of sudden unexpected movements in market quotations., and also generate new borderline methods of unethical, and sometimes illegal income generation on stock exchanges. Such a controversial practice is the layering method., the essence of which is to create the possibility of artificially shifting the quotations of purchases and sales of securities in order to force the rest of the exchange market participants to make a profitable deal for the manipulator.

The implementation of the audit system for transactions on American exchanges was postponed due to fear of hacker attacks

Implementation of a transaction audit system, designed to help authorities track suspicious transactions, postponed again, writes Reuters. U.S. Congress doubts, that the system is sufficiently protected from hacker attacks. IN 2010 year there was a Flash Crash - an instant fall in the value of shares in the US stock market, in total, the market lost about a trillion dollars for a little more 30 minutes. To avoid repeating this situation, a transaction audit system was developed (CAT). It is designed to facilitate and speed up the search for dishonest players..

What is OTC Pink Sheets and OTCBV OTC Market (off-board bulletin board)

OTC Pink Sheets OTC Market - Electronic Exchange, on which shares are sold and bought. There are no trading platforms in the OTC Pink Sheets market, all quotations are carried out in electronic form. Since there is no central platform (trading floor) like on the NYSE, companies traded on pink sheets (Pink Sheets) also do not have specific criteria, which would allow you to select reliable companies for trading. In this article, we will tell, what is Pink Sheets, what they hide the likely profits and risks. OTC Bulletin Board or OTCBB in the United States is a stock of companies not represented on the NASDAQ, NYSE or other national marketplaces. Over-the-counter (OTS) translated as over-the-counter. There are also various types of TUT: OTCQX, OTCQB and Pink Sheets. Deception and manipulation are common among OTCs. OTC shares are often unpredictable and regulated by the SEC, securities regulatory commission, national stocks and option trading platforms, and other securities markets in the United States. FINRA,private corporation acting as the self-regulating organization of the securities markets, which works and provides regulatory services of OTC. Almost all companies represented on OTC are in a pre-bankruptcy state. OTCQX OTCQX is the most prestigious level in OTC. To be in the OTCQX, companies must earn trust.

Tick ​​Size Finra pilot program

6 May 2015 of the year, US Securities and Exchange Commission (SEC) issued an order approving the National Market System (NMS) Implementation Plan for the Tick Size Pilot Program by the National Securities Exchange and FINRA. The order is approved by the NMS Plan for a period of two years and will officially begin 3 October 2016 The Tick Size Pilot is a data-driven test to assess whether or not an expansion in tick size for small cap stocks will impact trading , quality of liquidity, and the market for these securities. The pilot will consist of a control group and three test groups, with each test group, having about 400 valuable papers. Groups are defined as follows: The control group will be quoted and traded on their current tick size increase. The first test group will be quoted in $ 0,05 Step, but will continue to trade at their current price gains. The second experimental group will be listed and trade in $ 0,05 minimum steps, but would allow certain exceptions for the midpoint of executions, executions of retail investors and bargaining deals. Третья тестовая группа будет придерживаться требований второй опытной группе, but will also be subject “trading on” requirement. There will also be an exception for block size orders.

Twitter: Twitter investors rushed

On Friday, shares of a bankrupt Boston retailer, liquidated back in 2008 year, took off on 1800%, with less 1 cent per share to 15 cents due to confusion over Twitter's IPO announcement. Boston Tweeter shares traded under the symbol TWTRQ, but in Google Finance they appear as "TWTR Inc". Twitter announced, that their symbol would be TWTR, some investors rashly began to buy TWTRQ until FINRA stopped trading on Tweeter at about 684% growth "due to significant uncertainty".

Citadel Securities: Computers, stock market managers

Citadel Securities trading platform has quietly become one of the largest forces in the US stock market. From the 35th floor of an office building in downtown Chicago, Citadel closes one stock deal in every eight in the United States. She trades approximately 900 millions of lots of shares per day. More promotions go through Citadel systems, than through the New York Stock Exchange (New York Stock Exchange, NYSE), which trades approximately 700 millions of lots of shares per day. If you own a retirement account or have ever used the services of an online broker, then your trades almost certainly went through Citadel. The most striking fact about the floor of the exchange is, how eerily quiet he looks. The trading floor is "run" by approximately 40 human, but they only watch computers, which use algorithms to fill in and send exchange orders.

In vain on the broker ran over

Does it happen like that. Confused my account size. Although, in fact, they themselves misled me by showing an inflated equi

Interactive brokers – American broker review number 1 (interactive broker )

I'd like to know who has any experience with Interactive Brokers. You are welcome, Share your experience on futures and stocks execution and how they are supported. Thank you About Interactive Brokers Broker Interactive Brokers - ECN Broker, company, based in 1977. The company is headquartered in the USA, regional offices are located in Switzerland, Canada, Hong Kong, Uk, australia, Hungary, Of Russia, India, China and Estonia. The broker is SEC accredited, FINRA, NYSE, FCA и IIROC.

Marking trading platforms in the feed (symbols)

In the trading platform, in the ribbon of prints, you can see the symbol designation on which trading platform the transaction took place, below you will find the decoding of these symbols

Laser Trade Trading Platform Review

Laser Trade - developed by Genesis, which allows traders to directly conduct transactions directly on the three leading American stock exchanges - NYSE, AMEX, NASDAQ, where more than 13,5 thousand shares of various issuers. In this way, Laser Trade trading platform provides access to information, which was previously closed. Until now, access to the American stock market has been limited by strict territorial and financial qualifications., i.e., either traders from the USA were admitted to the market, either traders, having serious financial resources.

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